The Norwegian Defence Industry – main figures for 2019

The figures for 2019 show that Norwegian defence companies deliver approximately 16% of the Norwegian Armed Forces' total materiel investments. It is assumed that foreign suppliers, and thus the import share, account for the remaining 84%. 2019 show a positive development in the revenue indicators. Defence-related revenue increased by 10% from 2018 to 2019. In terms of NOK, the largest increase in revenue is from foreign customers. Particularly the revenue in foreign subsidiaries of the large companies. The export figures show a decrease of 18% from 2018. However, seen in a historical light, the export figures for 2019 are 4% higher than the average since 2010. In terms of NOK, the largest decline is for the large companies, but these companies also had higher export figures than the average for the last ten years. Research and development (R&D) is unchanged (-1%). Apart from micro companies (with a decline of 66%), all other company categories have an increase in R&D. Purchasing costs had an increase from 2018 to 2019 of 56%. The increase is from both Norwegian and foreign suppliers, but the increase is largest in relation to the foreign suppliers (80%). This increase in purchasing costs is also supported by a 91% increase in order backlog from 2018 to 2019.