Norwegian contractor Veidekke has obtained a contract, valued at approximately Nkr2.3bn ($227.3m) excluding VAT, from Kongsberg Defence & Aerospace (KONGSBERG), a local supplier of defence and aerospace-related systems.

The turnkey contract comprises the construction of an environmentally certified building for KONGSBERG.

The Utsikten building, located in Kongsberg Technology Park, will span 65,000m² across eight floors and offer around 2,300 workplaces. It is designed to be a hub for technology, innovation, administration, and IT.

The project, which has been in development since November 2024, is stated to be a collaborative effort between KONGSBERG, Veidekke, architects, and subcontractors, along with other consultants.

Veidekke group CEO Jimmy Bengtsson said: “This is a huge and important project for a lot of people, locally, nationally and internationally, and it is important for us at Veidekke. We are therefore very proud of the good partnership we have had during the development phase where we have arrived at the functions, solutions and qualities that now allow us to enter into a contract.

"We want to thank KONGSBERG for the confidence shown in us and are looking forward to extending the good partnership into the construction phase.”

Focusing on the creation of a future-oriented and sustainable building, the development will aim to be certified according to the Building Research Establishment Environmental Assessment Method (BREEAM) Excellent standard and compliant with EU taxonomy and energy class A.

Energy-efficient technical systems and sustainable energy solutions are expected to significantly reduce greenhouse gas emissions during both the construction and operational phases.

The completion of the building is expected in the first half (H1) of 2028.

In addition, Veidekke’s unit Veidekke Logistikkbygg received a contract from Oslo Airport City for the construction of an environmentally certified logistics facility, which will be leased to Oslo Fryselager.

This turnkey contract is valued at around Nkr125m excluding VAT.

The 8,900m² facility is designed to meet Oslo Fryselager's operational needs while providing higher storage capacity.

The warehouse will feature automation, prospects for future expansion, and will be certified according to BREEAM-NOR Good.

Construction is set to commence this September, with an expected completion in the third quarter (Q3) of 2026.

Both the contracts will be registered in Veidekke's order reserve for Q2 2025.

Recently, Veidekke was awarded a design-and-build contract by Statnett for the construction of three new substations in Vestland, Norway.