Kongsberg Buys US Missile Company Zone 5 for Undisclosed Sum
TL;DR
Norwegian defense firm Kongsberg acquires US missile company Zone 5 Technologies, known for affordable long-range and anti-drone missiles, to enhance high-volume defense capabilities. The deal, subject to approvals, gives Kongsberg 90% ownership while Zone 5 operates independently.
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Norwegian defense company Kongsberg Gruppen ASA signed an agreement to buy US missile company Zone 5 Technologies LLC, which produces long-range strike and anti-drone missiles, for an undisclosed sum.
“The acquisition of Zone 5 marks a significant strategic move for Kongsberg,” Chief Executive Officer Geir Haoy said. “Zone 5 is at the forefront of developing affordable missiles to be produced in high numbers.”
Kongsberg, through its wholly-owned Defence & Aerospace unit, will own 90% of California-based Zone 5, while the management team will remain as minority shareholders, the Norwegian company said in a statement on Tuesday. The transaction is subject to regulatory approvals and after completion, Zone 5 will operate as an independent subsidiary.
Zone 5, which was founded in 2011, employs about 250 people and had revenue of more than $100 million in 2025. The company, which has “been profitable for many years,” offers a range of digitally engineered, low-cost missiles to enable affordable mass and precision strike engagements from a range of aircraft.
“Recent conflicts have demonstrated the critical role of high-volume defense capabilities in modern warfare,” Kongsberg said. “Such weapons are required both to defend against massive air drone attacks and to strike a wide range of adversary assets, necessary to create deterrence.”
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