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Kongsberg KOG Fell Despite a Massive 157B Backlog

KOGO.OL defense stock analysis: Kongsberg commands NOK 157B backlog — buy or sell valuation

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In this deep dive, we break down Kongsberg Gruppen ASA (KOGO.OL) and its transition into a pure-play defense technology leader experiencing unprecedented backlog growth under expanding NATO budgets. With shares trading at a premium trailing price-to-earnings ratio of 55.4 times, the key question for…

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