:

Business/Financial

Kongsberg Completes Acquisition Of Zone 5 Technologies

By Cal Biesecker

Wednesday, June 10th, 2026

SHARE:

Kongsberg Completes Acquisition Of Zone 5 Technologies

Zone 5's drone interceptor solution for the Counter NEXT project. Photo: Defense Innovation Unit

Norway’s Kongsberg on Wednesday said it has completed its acquisition of California-based Zone 5 Technologies, adding a U.S.-based developer and manufacturer of low-cost missiles to its portfolio. The value of the deal was not disclosed. Kongsberg acquired a 90 percent stake in the company. Zone 5 will operate as an independent subsidiary of Kongsberg and continue to be led by Thomas Akers and the current management team, which retain an ownership position. “Recent conflicts have demonstrated the critical role of…

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]

Congress

HASC Wants Info On Army’s Plans To Pursue Autonomous Aerial Delivery, Surface Vessels For Logistics

The House Armed Services Committee (HASC) added several measures to its version of the next defense policy bill seeking more details from the Army on efforts to develop future logistics […]

Congress

McConnell: “Safe To Conclude There Will Not Be A Third Reconciliation Bill”

Two top GOP senators on the Senate Appropriations Committee are opposing a third reconciliation bill. The Trump administration’s total $1.5 trillion fiscal year 2027 defense request is split between $1.15 […]

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]