Norway’s Nammo Completes Chemring Ordnance Inc. Acquisition
Norway’s Nammo Completes Chemring Ordnance Inc. Acquisition

Norway’s Nammo Completes Chemring Ordnance Inc. Acquisition

Nammo is today confirming that it has completed its acquisition of Chemring Ordnance Inc. in Perry, Florida – now Nammo Perry Inc. The announcement comes as Nammo releases its Annual Report for 2019, in which the company posts its second consecutive year of record-high revenue and order books, the latter growing nearly 30% from 2018. This milestone follows more than a decade of rapid growth for Nammo in the US. Brandtzæg attributes the success to the company’s focus on delivering a truly reliable advantage through technology, service and close customer engagement, an approach that has become Nammo’s hallmark among advanced defense agencies and businesses, space exploration agencies and competition shooters worldwide.

“Nammo Perry Inc. is joining the group during a time of major change and development for the company. First of all, we are doing and delivering more than ever, and taking an even greater role in supporting the security of supply for our core markets. Secondly, the arrival of Perry means we now have more employees in the US than anywhere else, which in itself represents a major milestone for Nammo,” said President & CEO of the Nammo Group, Mr. Morten Brandtzæg. Brandtzæg attributes the success to the company’s focus on delivering a truly reliable advantage through technology, service and close customer engagement, an approach that has become Nammo’s hallmark among advanced defense agencies.

Chemring Ordnance Inc is a supplier to the US Department of Defense (DoD) and other allied Ministries of Defense around the world.With more than 50 years of experience, Chemring Ordnance have built a worldwide reputation for supplying high-quality products on time and to its customers’ precise specifications. Chemring Ordnance highly experienced team of engineers and scientists are world leaders in pyrotechnic compositions, energetic materials and illumination technology, with established links to many of the recognized research and development centers and academic institutions in the US and abroad.

Nammo, short for Nordic Ammunition Company, is a Norwegian/Finnish aerospace and defence group specialized in production of ammunition, rocket engines and space applications. The company has subsidiaries in Finland, Germany, Norway, Sweden, Switzerland, Spain, Australia, the United Kingdom, the United States, and Canada. The company is owned 50/50 by the Norwegian Government (represented by the Norwegian Ministry of Trade, Industry and Fisheries) and the Finnish defence company Patria. The company has its headquarters in Raufoss, Norway.The company has five business units: Small Caliber Division, Medium & Large Caliber Division, Missile Products Division, Demil Division and Nammo Talley.

Announcement of Nammo's new investments in the United States, and the formation of Nammo Defense Systems, at the AUSA Trade Show in October 2019. Seen here (from the right) are Morten Brandtzæg, Arizona Sentator Martha McSally, US Secretary of the Army, Ryan McCarthy, and Norwegian National Armaments Director, Mr. Morten Tiller.
Announcement of Nammo’s new investments in the United States, and the formation of Nammo Defense Systems, at the AUSA Trade Show in October 2019. Seen here (from the right) are Morten Brandtzæg, Arizona Sentator Martha McSally, US Secretary of the Army, Ryan McCarthy, and Norwegian National Armaments Director, Mr. Morten Tiller.

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