03:25 AM EDT, 10/29/2026 (MT Newswires) -- Kongsberg Gruppen (KOG.OL) secured a $54 million modification to its existing prototype other transaction agreement with the US Department of War's Defense Innovation Unit. The modification mainly covers the delivery of autonomous underwater vehicles and related components, the Norway-listed technology and defense company said Thursday.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.