61. The Nammo Group strengthens its foothold in Canada
Nammo Canada Inc. Established
62. 2009 – The International Year of Astronomy!
The city of Gjøvik in Norway marked the occasion of the International Year of Astronomy with different activities during the first two weekends of February.
63. Nammo Talley acquires Composite Solutions
Composite Solutions, LLC, Murray, Utah and Nammo Talley, Inc., Mesa, Arizona announced today the acquisition of Composite Solutions by Nammo Talley. Terms of the transaction were not disclosed.
64. Missile Products Division receives a 5 Star Supplier Excellence Award
On the 27th of August 2008 Nammo’s Missile Products Division received a 5 Star Supplier Excellence Award from Raytheon Missile Systems, US.
65. NAMMO signs Ammunition Demil Agreement with MoD UK
NAMMO has been awarded a five year Tasking Agreement by the Ministry of Defence (MoD), for the demilitarization of ammunition.
66. U.S. Marine Corps SMAW II Program Awarded to Nammo Talley, Inc.
MESA, Ariz. (August 27, 2008) - The U.S. Marine Corps has selected the weapon system from Nammo Talley, Inc. for their SMAW II program (Shoulder-launched Multipurpose Assault Weapon II).
67. ACQUISITIONS AND INCREASED PROFIT IN THE NAMMO GROUP
In 2007, Nammo Group increased sales by 38%, of which 8% was organic growth and 30% represented by acquisitions. Sales totaled MNOK 2,745 compared with MNOK 1,991 in 2006. The operating profit increased from MNOK 270 to MNOK 390 and the EBITDA-margin increased from 16,7% to 19,0%. Pre-tax profit for 2007 amounted to MNOK 361 compared with MNOK 270 in 2006. As a result of the acquisitions, there...
68. Nammo acquiers MTH SA (Micro Technology Heremence)
On Tuesday April 8th Nammo Raufoss AS, a daughter company of Nammo AS, signed the Sales & Purchase Agreement to acquire 100% of Micro Technology Hérémence SA (MTH) in Switzerland.
69. Safety Awards to Talley
Arizona's State Compensation Fund's "Best of the Best" award and the new Sentinel Award both went to Nammo Talley in 2007
70. Nammo supports Military Tattoo
Nammo is one of the main sponsors for Norwegian Military Tattoo