Nammo ramps up 155mm artillery ammunition production by getting $95M - News Summed Up

Nammo ramps up 155mm artillery ammunition production by getting $95M


Difficult productionJust a few days after Russian warplanes effectively targeted Ukraine’s production facilities, Norway has stepped up to increase its manufacture of 155mm ammunition. Not just NorwayNot just limited to Norway, other Ukrainian allies, including the US, have expressed intentions to ramp up their manufacturing of 155mm artillery ammunition. For instance, Rheinmetall, a German company, announced an expansion of their 155mm artillery ammunition production line at the end of 2023. This hefty order commands a price tag of 142 million euros and involves the creation of tens of thousands of units of 155mm artillery ammunition. Our coverage from October indicated that the manufacturing cost for each 155mm artillery ammunition piece stood at 3300 euros, as per the pricing strategy of the Spanish Expal plant.


Source: New York Times January 17, 2024 09:02 UTC



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