Nammo has recently signed a Demil contract with the Norwegian Armed Forces for demilitarization of their stock of 52.000 ea of 155mm Improved Conventional Munitions (ICM).

The Nammo Group delivered its tenth year financial performance in 2008 and closed the year by another record result since its formation in 1998.

The contract between Nammo Lapua Oy and The Finnish Army Materiel Command was signed on April, 23rd. The contract covers deliveries of various ammunition products to the Land Forces in 2009-2012. The contract value is approx. 70 MEUR, additional options not included. This agreement strengthens Nammo's position as a strong player in the ammunition industry in Finland, utilizing the expertise in...