The Norwegian Defence Industry – main figures for 2021

The Norwegian defence industry reports a growth in defence-related revenue of 8 % from 2020 to 2021. The revenue from the Norwegian Armed Forces was unchanged, while the revenue from both other Norwegian customers and foreign customers increased. The large and medium-sized enterprises increased their turnover, while it fell at the small enterprises. The increase in revenue from foreign customers is mainly due to increase in foreign subsidiaries (17 %), while the export increased 1 %. The extent of research and development (R&D) decreased by 37 %. The change is mainly due to decrease in co-financed R&D. The total number of defence-related full-time equivalents (FTE) increased by 3 % from 2020 to 2021. The industry expect increased turnover, order backlog, innovation and need for STEM competence (science, technology, engineering, mathematics) for 2022. The basis for this year's statistics consists of 91 enterprises. The low response rate of 46 % is primarily due to the fact that more enterprises received the questionnaire than last year.