Producer

Nammo AS

HQ NO · Raufoss, Norwaywebsite ↗

50% owned by Norwegian Ministry of Trade, 50% by Finnish Patria. 4,100+ employees; 27 production sites; 12 countries. Primary NATO small and large caliber ammunition supplier; 5.56/7.62mm NATO since 1990s. Raufoss, Norway is main facility (1896; 1,200 employees). Constructing new ammunition plant in Norway (announced Dec 2024) to meet NATO Ukraine ramp-up demand.

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  • Small Caliber Ammunition (NATO Primary)

    38%
  • Large Caliber Artillery Ammunition

    25%
  • Rocket Motors (Military & Dual-Use)

    22%
  • Aerospace & Space Propulsion (Emerging)

    15%

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  • Did you know2023

    Nammo — a Norwegian/Finnish state-owned military ammunition company — is developing a commercial small satellite launch vehicle at Andøya Space Center in northern Norway, using rocket motor technology derived from its military missile propulsion programs. Nammo's Nucleus hybrid rocket (N₂O + HTPB solid fuel) is designed for sounding rocket launches; Nammo Space is developing a larger orbital launch vehicle targeting the European small satellite market. A NATO defense contractor that supplies M72 LAW anti-tank rockets to Ukraine and Raufoss 12.7mm HEIAP rounds to US Special Operations is simultaneously competing in the commercial space launch market against SpaceX, Rocket Lab, and European startups. The same rocket propulsion technology that accelerates armor-piercing projectiles at Mach 3 is being adapted for access-to-orbit propulsion.

    Nammo AS
  • Capacity2024

    Post-Russia 2022 Ukraine invasion, Nammo's Raufoss facilities became among NATO's most urgently needed production assets. Norway and Finland dramatically increased orders for 5.56mm, 7.62mm, and 12.7mm ammunition; the M72 LAW (Light Anti-Tank Weapon) — a Nammo product — was supplied in large quantities to Ukrainian forces for use against Russian armored vehicles. In December 2024, Norway's government announced a new 1.5B NOK ($140M) artillery shell plant to be built near Raufoss to increase 155mm production capacity. NATO's post-2022 rearming surge revealed how thin European ammunition production capacity had become after 30 years of post-Cold War defense budget cuts — and how Nammo's Raufoss complex, a 1,200-person facility in rural Innlandet, had become a geopolitical strategic asset for the entire NATO alliance.

    Nammo AS
  • Origin2023

    Nammo AS (Nordic Ammunition Company) was formed in 1998 by the merger of Norwegian state defence companies Raufoss AS (ammunition, established 1896 at Raufoss, Norway) and Finnish Patria (initially partial stake). The Norwegian government (Ministry of Trade and Industry) and Finland's Patria Group each own 50%. Raufoss was originally a government ordnance factory established in 1896 for Norwegian military production; it later became a technology company and eventually diversified into commercial automotive parts, aluminum profiles (Hydro acquired the aluminum divisions), and defense. The defense ammunition business became Nammo. Raufoss today is a mixed-use innovation hub: the same 1896 site produces military ammunition AND hosts ~100 companies including technology startups, automotive suppliers, and Nammo's new space propulsion division.

    Nammo AS