SEK 50 million order for prototypes marks first in 20-year framework agreement
MilDef, a Swedish company that delivers tactical IT, has secured a major order to help digitalize an army as part of a 20-year framework agreement worth SEK 2.8 billion with an unnamed defense force of a European NATO country.
The order, valued at approximately MSEK 50, covers prototype development and system design with a focus on digitalization, infrastructure, and security.
Around ten new products within MilDef’s 19″/2® segment are being developed, with a focus on computers and vehicle networks.
MilDef is responsible for the entire rugged infrastructure of the current vehicle fleet, making this order a significant milestone in the company’s ambition to deliver modernization and NATO interoperability.
Next generation of tactical IT to provide technological superiority
This order marks the start of an extensive and long-standing project to upgrade the tactical IT integrated into a brand-new fleet of military vehicles.
MilDef will deliver the next generation of tactical IT to provide a whole new level of technological superiority to this NATO nation.
Together with the defense customer, the company is creating a leading system design that can be replicated among other nations seeking future-proof digitalization.
Company’s history and global reach
MilDef was founded in 1997 in Helsingborg, Sweden. The company delivers tactical IT, including rugged hardware, software, and services.
Its products are sold to more than 160 customers through MilDef’s subsidiaries in Sweden, Norway, Finland, United Kingdom, the Netherlands, Germany, Switzerland, Italy, the United States, and Australia, and through partner networks in more than 30 countries, predominantly within the EU.
MilDef Group is listed on Nasdaq Stockholm.
Counterparty undisclosed for national security reasons
The counterparty in this agreement cannot be disclosed for reasons of national security.
In conclusion, this news highlights a significant order by MilDef to help digitalize an army as part of a 20-year framework agreement with a European NATO country. The order covers prototype development and system design with a focus on digitalization, infrastructure, and security, and represents a major milestone for the company in its ambition to deliver modernization and NATO interoperability. The counterparty of the agreement is undisclosed for national security reasons.
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