Kongsberg Has ‘Really Steep’ Demand for Its Missiles, CEO Says

Kongsberg has seen a "positive movement forward" in European defense spending throughout last year, even though it’s still not yet at the level needed, its CEO Eirik Lie tells Bloomberg TV. Lie spoke to Bloomberg TV's Francine Lacqua ahead of July's NATO summit in Ankara, Turkey, where European NATO states will be expected to prove they are progressing towards spending 5% of GDP on defense. (Source: Bloomberg)