In Q2, the acquisition of MRV was successfully completed and consolidated from April 9, 2026. MRV is a US-based supplier of floats to the international ARGO program and has been integrated into the Robotics segment.
The subsea defense market is buoyant, as both government and private investors fund technology. General Oceans companies are supplying sensors and solutions for mine countermeasures (MCM), expeditionary warfare and intelligence, surveillance and reconnaissance (ISR), representing an ongoing opportunity for growth.
“Our defense revenues continued to grow in Q2, supported by strong operational execution and the continued strength of global defense markets. We are seeing increasing demand for advanced autonomous and subsea capabilities, creating solid momentum across the segment,” said Atle Lohrmann, President of General Oceans ASA.
Order backlog as at June 30, 2026 was NOK 548 million, of which NOK 426 million is expected to be delivered during the current financial year.
The Q2 report and presentation materials are available on the company’s website www.generaloceans.com and on www.newsweb.no.
