Kongsberg Gruppen ASA is splitting into two independent companies, a bold move that could reshape the maritime and defence sectors. The Norwegian conglomerate plans to demerge and list Kongsberg Maritime on the Euronext Oslo Stock Exchange, while consolidating Kongsberg Defence & Aerospace and Kongsberg Discovery into a single entity. This isn’t just a corporate restructuring—it’s a strategic bet on the future of security and sustainability, two megatrends driving global demand.
Kongsberg Maritime, a leader in maritime technology, will emerge as an independent entity, poised to capitalise on the green transition in shipping. The company’s portfolio spans offshore vessels, merchant fleets, and naval segments, all of which are undergoing rapid transformation. By going solo, Kongsberg Maritime can focus on scaling its innovations—from electric winches to autonomous systems—without being weighed down by the defence sector’s geopolitical complexities.
The consolidation of Kongsberg Defence & Aerospace and Kongsberg Discovery into a single entity is equally significant. This new company will address critical needs in defence, security, and surveillance, delivering solutions for both civilian and military applications. With geopolitical tensions on the rise, the demand for advanced defence technologies is only set to grow. Kongsberg’s move ensures that its defence arm can pivot quickly to meet these challenges, unencumbered by the maritime sector’s different business models and market dynamics.
The demerger is expected to be completed by the second quarter of 2026, with shares in the new maritime business issued directly to Kongsberg’s shareholders. This structure ensures a smooth transition, allowing both companies to hit the ground running. The Norwegian state, a major shareholder, has expressed support for the plan, underscoring its strategic importance.
Lisa Edvardsen Haugan, president of Kongsberg Maritime, will lead the new maritime business, while Eirik Lie, president of Kongsberg Defence & Aerospace, will become the new president and CEO of Kongsberg. The leadership changes signal a clear vision for each entity’s future, with experienced executives at the helm to drive growth and innovation.
This split could set a precedent for other conglomerates operating in diverse sectors. By focusing on their core strengths, companies can better navigate market shifts, capitalise on emerging trends, and deliver greater value to shareholders. Kongsberg’s move is a testament to the power of strategic focus in an increasingly complex global landscape.
The maritime industry, in particular, stands to benefit from this restructuring. Kongsberg Maritime’s independence will allow it to double down on sustainable shipping solutions, a critical need as the sector grapples with decarbonisation. The company’s advanced technologies, from voyage optimisation to emissions analytics, will be crucial in helping the industry meet its environmental targets.
Meanwhile, the consolidated defence and aerospace entity will be better positioned to address the evolving security landscape. With cyber threats, hybrid warfare, and climate change reshaping global security dynamics, the demand for cutting-edge defence technologies is surging. Kongsberg’s new structure ensures that its defence arm can innovate and adapt at the speed required to meet these challenges.
In the end, Kongsberg’s decision is more than a corporate reshuffle—it’s a strategic play to future-proof its businesses in a rapidly changing world. By separating its maritime and defence divisions, the company is not only positioning itself for growth but also setting a new standard for how conglomerates can adapt to the demands of the 21st century. The maritime and defence sectors will be watching closely as Kongsberg’s bold move unfolds, with potential ripple effects across the industry.