GKN Aerospace Norway Secures Lease-Back Financing for Capacity Expansion in Kongsberg
DEFENSE
GKN Aerospace Norway AS has secured lease-back financing by selling its Kongsberg Technology Park premises to KTP Invest AS, allowing for a long-term lease to maintain operations. This transaction enhances GKN's financial flexibility and supports its expansion plans in response to rising demand in civil and defense aviation markets, with new production facilities set to begin construction in the new year. The deal aligns with Norway's objectives to sustain advanced industrial capacity in defense and high-value engineering sectors.

Jan 1, 2026, 6:21 AM