Norway big in arms export




 
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January 18th, 2006  
sunb!
 
 

Topic: Norway big in arms export


Source: Aftenposten English edition

Quote:
Norway's peacekeeping profile stands in stark contrast to its success as a weapons exporter. New figures show that Norway is the world's biggest arms exporter in relation to its population.

The Stockholm International Peace Research Institute (SIPRI) figures reveal Norway as a leading arms exporter, with its industry enjoying strong growth.

"The Socialist Left Party's disarmament profile has been pulverized by the Norwegian arms industry and LO (The Norwegian Confederation of Trade Unions). An increasing share of Norwegian weapon production is being used in war situations, the export to the USA is colossal," reports financial magazine Økonomisk Rapport.

In five years turnover has increased by 30 percent and the industry sells for NOK 7 billion (USD 1.05 billion) a year and employs around 5,000 people.

According to figures from SIPRI, Norway is the world's biggest arms exporter in relation to its population and the 11th in the world in real terms.

"We have a good relationship with LO, and the Labor Party understands the industry well," said Knut Hundhammer, managing director of the Norwegian Defense and Security Industries Association (FSi).
January 18th, 2006  
phoenix80
 
 
May I ask what Norwegian arm factories produce and export?
January 18th, 2006  
sunb!
 
 
Quote:
Originally Posted by phoenix80
May I ask what Norwegian arm factories produce and export?
We manufacture a lot of things, perhaps best known for the Penguin missile and other ASW products, NASAMS and some complex ammunition types for 12.7mm. We also produce a large number of rocket engines for ie the Sidewinder and CRV7 rocket system.
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January 22nd, 2006  
major liability
 
 
Just what you'd expect from Vikings.

I bet they're making a ton of money off that.