Nammo

Nammo AS

Type	Private
Industry	Military industry
Founded	1998
Headquarters	Raufoss, Norway
Key people	Morten Brandtzæg (CEO),
Products	Ammunition, missile and propulsion systems
Revenue	NOK 3439 million (2009)
Operating income	NOK 407 million (2009)
Net income	NOK 277 million (2009)
Number of employees	1900 (2009)
Parent	Norwegian Ministry of Trade and Industry (67.5%) Government of Finland (32.5%)
Website	www.nammo.com

Nammo short for Nordic Ammunition Company is a Norwegian/Finnish aerospace and defence group specialized in production of ammunition, rocket motors and space applications. The company has subsidiaries in Finland, Germany, Norway, Sweden, Switzerland, Spain, Australia, the United States and Canada. The company is owned 50/50 by the Norwegian Government represented by the Norwegian Ministry of Trade, Industry and Fisheries and the Finnish defence company Patria. The company has its headquarters in Raufoss, Norway.

The company has five business units: Small Caliber Division, Medium & Large Caliber Division, Missile Products Division, Demil Division and Nammo Talley.

Nammo was founded in 1998 by Raufoss, Patria, and Celsius. Raufoss was later demerged continued though operations by Norsk Hydro and Raufoss Technology. The ownership of Nammo was transferred to the government of Norway. [1]

In January 2013, Nammo and the Andøya Rocket Range spaceport announced that they would be "developing an orbital Nanosatellite launch vehicle (NLV) rocket system called North Star that will use a standardized hybrid motor, clustered in different numbers and arrangements, to build two types of sounding rockets and an orbital launcher" that would be able to deliver a 10 kg (22 lb) nanosat into polar orbit.