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Kongsberg Maritime's history dates back to 1946. Simonsen Radio, later Simrad was founded 31. December that year. The first product was a radio telephone for the fishing fleet. The first echo sounder for the commercial fishing fleet came on the market in 1950. The first alarm system was ready in 1959.
Simrad Optronics AS is the holding company of Simrad Optronics Group located in Nøtterøy, Norway. Simrad Optronics Group is a global niche supplier to the defence industry, with production facilities in Norway and Maine, United States. Daughter companies include Vinghøg AS at Nøtterøy, Norway and Vingtech Corporation in Maine, United States.
In 2003 Simrad Yachting acquired B&G. In 2005 Altor 2003 Fund acquired Simrad Yachting AS from Kongsberg Group. In 2006 Altor 2003 Fund acquired Lowrance Electronics. Also in 2006, Navico was created through the merger of Simrad Yachting and Lowrance Electronics by their common owners, Altor Equity Partners, a Swedish private equity firm.
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Simrad may refer to: Simrad, a brand name used by Kongsberg Maritime; Simrad Optronics, a Norwegian company that manufactures defence equipment; Simrad Yachting, a manufacturer of marine electronics for the leisure and professional markets
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Some troops leave the battlefield injured. Others return from war with mental wounds. Yet many of the 2 million Iraq and Afghanistan veterans suffer from a condition the Defense Department refuses to acknowledge: Moral injury.