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Press Releases • Apr 10, 2018 21:40 CEST
Nammo released its 2017 annual report today, reporting eight percent revenue growth compared to 2016 with profits of NOK 367 million (approx. USD 47 million.) This is the second consecutive year of growth for the company as it continues to expand in both Europe and the United States.
Nammo Investing in Indian Head, Boosting Local Economy and Strengthening the US Defense Industrial Base
Press Releases • Apr 10, 2018 22:42 CEST
In its 2017 annual report released today, Nammo is confirming that it has received board approval to invest up to $40 million in refurbishing manufacturing facilities at Indian Head, Maryland. The investment has the potential to generate a significant number of new high skill local jobs in the Indian Head region and help boost the Maryland economy.