MilDef wins additional business from BAE Systems Bofors worth SEK 52 million
Following the framework agreement signed in February with BAE Systems Bofors, additional orders have now been signed for ruggedized hardware for the Archer artillery system. The orders include IT equipment such as displays, computers and switches, worth SEK 52 million. Deliveries will start in 2025.
The ten-year framework agreement is the starting point for a deeper cooperation between MilDef and BAE Systems Bofors. The orders now won are a natural continuation of the collaboration and concern volume orders of previously developed products as well as spare parts for existing systems.
"Our cooperation combines two Swedish defense companies that are specialists in their respective fields. MilDef is trusted to contribute with our expertise; to deliver future-proof IT systems that strengthen the protection of our society and we are proud of the way we cooperate with BAE Systems in Karlskoga," says Daniel Ljunggren, President and CEO of MilDef Group.
BAE Systems Bofors is part of BAE Systems, which has operations in the US, Sweden and the UK. BAE Systems Bofors manufactures artillery and gun systems and ammunition for land and naval applications. These include anti-aircraft gun systems and platform-mounted firing systems.
The information was submitted for publication, through the agency of the contact persons set out below, at 11:00 CET on April, 24, 2024.
For more information, please contact:
Daniel Ljunggren, CEO
Phone: +46 70 668 00 15
Email: daniel.ljunggren@mildef.com
Olof Engvall, Head of IR & Communications
Phone: +46 735 41 45 73
Email: olof.engvall@mildef.com
MilDef - WE ARMOR IT.
MilDef is a global systems integrator and full-spectrum provider specializing in rugged IT for military, government and critical infrastructure sectors. MilDef provides hardware, software and services that shield and protect critical information streams and systems, when and where the stakes are the highest. MilDef’s products are sold to more than 200 customers through companies in Sweden, Norway, Finland, Denmark, United Kingdom, Germany, Switzerland, the United States and Australia, and through partner networks in more than 40 countries. MilDef was founded in 1997 and is listed on Nasdaq Stockholm since 2021.
