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Kongsberg Says Demand for Air Defense Systems Is Growing

Eirik Lie, president of Kongsberg Defence & Aerospace, says demand for anti-missile and anti-drone systems is growing and that the firm wants to "expand NASAMS [National Advanced Surface-to-Air Missile System] to be a full-spectrum air defense system. Speaking to Bloomberg's Oliver Crook at the Munich Security Conference, he also discusses satellite platforms and the outlook for mergers and acquisitions. (Source: Bloomberg)