Kongsberg stock advances after completing Sonatech acquisition

Kongsberg stock draws investor interest as the Norwegian defense and technology group completes the acquisition of Sonatech and trades near recent highs, while its latest quarterly figures show double-digit growth in both revenue and operating profit.

Kongsberg stock of the Norwegian defense and technology group Kongsberg Gruppen ASA (NO0003043309) is in focus as the company has completed the acquisition of Sonatech, adding to its sonar and underwater acoustics capabilities as of September 1, 2026, according to an exchange release. As of September 2, 2026, the stock trades near recent highs on its primary Oslo listing, supported by solid revenue and profit growth reported for the latest quarter.

Sonatech acquisition strengthens maritime portfolio

According to a company announcement published on the Euronext exchange site on September 1, 2026, Kongsberg Gruppen ASA has completed the acquisition of sonar specialist Sonatech to expand its maritime and defense solutions portfolio. The announcement notes that this transaction is categorized as a non-ongoing disclosure, underscoring its strategic rather than mandatory-reporting nature.

By integrating Sonatech, Kongsberg aims to broaden its offering in underwater acoustics, which supports systems used in naval defense and subsea applications. For investors, this deal adds another building block to the companys growing defense-oriented backlog, reinforcing a trend of increasing exposure to high-margin maritime and defense contracts.

Latest financial figures show double-digit growth

In its most recent reported quarter, Q2 2026, Kongsberg Gruppen ASA posted double-digit growth in both revenue and operating profit compared with the same period a year earlier, according to market data compiled by financial portals summarizing the companys quarterly release. For Q2 2026, revenue rose to a level more than 10 percent above Q2 2025, while operating profit increased at a similar double-digit rate, highlighting continued momentum in its core segments.

The companys defense and aerospace-related activities contributed significantly to this growth, with order intake in Q2 2026 coming in noticeably above revenue, signaling an expanding backlog for coming years. Compared with historical figures, the Q2 2026 revenue level is clearly above the fiscal year 2024 quarterly average, underlining how the company has scaled up its operations and benefited from increased defense spending in allied countries.

Representative product: Kongsberg naval systems

One representative product area for Kongsberg Gruppen ASA is its integrated combat and weapon control systems used on naval vessels, which are installed on ships operated by several NATO-aligned navies. These systems often combine advanced sensors, including sonar and radar, with fire-control and command solutions, and the acquisition of Sonatech is expected to enhance the sonar component in this portfolio.

Stock level and investor perspective

As of September 2, 2026, Kongsberg stock on its main Oslo listing trades close to its recent 52-week high, reflecting how investors have rewarded the companys rising revenue and profit in Q2 2026 and the strategic move to acquire Sonatech. For investors, the combination of backlog growth, strengthened maritime technology and continued defense demand remains central to the investment case.

Kongsberg stock overview

• Company: Kongsberg Gruppen ASA
• ISIN: NO0003043309
• Ticker: KOG
• Trading venue: Oslo Stock Exchange
• Sector / Industry: Aerospace and Defense
• Index membership: OBX