The year was characterized by significant investments in production capacity and technology, supported by co-funding from the EU and national governments. Nammo advanced key programs, including M72 FFE and Ramjet development, and initiated production lines in Perry, Florida, to secure a reliable U.S. supply of solid rocket motors and artillery charges. Major contracts were secured in Norway, Germany, and Australia, and a technology license transfer to Ukraine was implemented with support from the Norwegian government.
Operational improvements and targeted supply chain initiatives increased on-time deliveries to military customers to 89 percent. The Group also implemented a program to strengthen resilience and support continued expansion.
Nammo maintained its focus on sustainability, achieving a 12.3 percent reduction in CO₂ intensity relative to revenue, expanding supplier assessments, and enhancing employee safety reporting. The Group continued to align with the UN Global Compact and prepared for new European sustainability reporting requirements.
At year-end, Nammo employed nearly 3 700 people across 27 sites in 11 countries. The Group remains committed to supporting allied nations and Ukraine, and securing the future for its stakeholders through sustainable growth and innovation.
For further information, please refer to the 2024 Annual and Sustainability Report.
About Nammo:
Nammo is an international aerospace and defense company headquartered in Raufoss, Norway. With more than 3 700 employees, 27 production sites and a presence in 11 countries, Nammo is one of the world’s leading providers of specialty ammunition, shoulder-fired weapons and rocket motors.
Media contact:
Fredrik Tangeraas, SVP Communications, Nammo AS; +47 92464699 ; NammoPR@nammo.com
