MilDef signs a seven-year framework agreement with Swedish Defence Material Administration (FMV) and the Swedish Armed Forces
This new agreement with FMV and the Swedish Armed Forces is MilDef’s most comprehensive framework agreement with FMV to date. The agreement comprises MilDef's full range of products in both hardware and software as well as services. The expected order volume is estimated to approximately SEK 870 million over the contract period.
MilDef's commitment to FMV and the Swedish Armed Forces includes MilDef's entire portfolio of tactical IT and associated system deliveries. In addition to product deliveries the agreement enables the opportunity for FMV and the Swedish Armed Forces to call off, for example, training and service. This contract underpins the in-depth collaboration between MilDef and the Swedish defense customer, where security of supply plays a vital role.
“We are proud to be a strategically important partner to FMV. This framework agreement consolidates a long and deep relationship and secures the business dimension for the coming years. Our clear ambition is to effectively deliver the capability that the Armed Forces and FMV are now planning for across the entire spectrum of digitalization - our core area. The framework agreement gives us a clear task to contribute with full force in the modernization and digitization, says Björn Karlsson”, CEO of MilDef Group.
This is information that MilDef Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 11:40 CEST on May 11, 2022.
Björn Karlsson, CEO
Phone: +46 705 25 01 07
Email: bjorn.karlsson@mildef.com
Olof Engvall, Head of IR & Communications
Phone: +46 733 41 45 73
Email: olof.engvall@mildef.com
About MilDef
MilDef was founded in 1997 in Helsingborg, Sweden. The company delivers tactical IT, including rugged hardware, software, and services. MilDef’s products are sold to more than 160 customers through MilDef’s subsidiaries in Sweden, Norway, Finland, United Kingdom, the United States, and through partner networks in more than 30 countries, predominantly within the EU. MilDef Group is listed on Nasdaq Stockholm. www.mildef.com
