Norway will invest $400 million in Ukraine's defense industry to support drone and air defense missile production, President Volodymyr Zelensky said in his nightly address on June 22.
The announcement followed a visit to Ukraine by Norwegian Defense Minister Tore Onshuus Sandvik.
"Today, Norway’s Minister of Defense visited Ukraine. A decision has been reached to invest $400 million in our production – new funding, primarily for drones," Zelensky said.
Zelensky added that the two countries are also working together to establish joint air defense production inside Ukraine.
"We are working together to create all the necessary conditions to produce air defense systems in Ukraine — jointly with partners, jointly with Norway," Zelensky said.
He added that Norway's largest defense company – Kongsberg Defence & Aerospace – has already opened an office in Ukraine as part of the cooperation.
"We are expediting all processes to the maximum extent," Zelensky said.
On X, Norway's defense ministry confirmed that Kongsberg has signed agreement with a major Ukrainian company to jointly develop and produce missiles for air defense systems in Ukraine.
The collaboration will focus on producing missiles for the National Advanced Surface-to-Air Missile System, or NASAMS.
"The Norwegian NASAMS system saves lives in Ukraine every day, and is crucial in protecting critical infrastructure. That is why it is important for the Norwegian Government to finance this development of cheaper missiles for the NASAMS system in Ukraine," said Minister Sandvik.
The announcement marks deepening ties between Kyiv and Oslo as Ukraine seeks to expand its domestic defense industry amid Russia’s ongoing full-scale invasion and reduced military aid from the United States.
Sonya Bandouil
(Updated: )
