Kitron Secures Major Defence Contract
Kitron has successfully landed a significant contract valued at EUR 17 million. This deal focuses on the production and supply of cutting-edge electronic components essential for combat vehicle systems. It's a step that underscores Kitron's commitment to enhancing defence capabilities.
Production Timeline and Facility
According to the announcement, deliveries associated with this contract are set to commence in the latter half of 2026. Notably, all production activities will take place at one of Kitron's specialized facilities in Europe, ensuring high standards and efficiency in manufacturing.
Commitment to Defence Sector
“We are proud to strengthen our role as a trusted manufacturing partner in the rapidly evolving scale-up of European defence capabilities,” stated Hans Petter Thomassen, who serves as the Vice President for the Northern and North American regions. His comments reflect how essential this contract is for the company and the broader defence sector.
Expanding Market Presence
This new contract also signifies a notable expansion in Kitron’s diverse portfolio within the Defence and Aerospace market segment. It further positions the company as a reputable supplier to land system platforms, reinforcing its reputation and influence in the industry.
Kitron's Operations and Workforce
Kitron is well-recognized as a leading Scandinavian electronics manufacturing services provider. The company caters to multiple sectors, including Connectivity, Electrification, Industry, Medical Devices, and Defence/Aerospace. With operations across various countries like Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States, Kitron employs approximately 3,000 individuals and generated revenues of about EUR 647 million in the previous year.
Contact Information
For those interested in learning more details about the company's operations or this significant contract, the following contacts are available: Peter Nilsson, President and CEO, can be reached at +47 948 40 850. Hans Petter Thomassen, VP for Central Nordics and North America, is also available at +47 91392360.
Frequently Asked Questions
What is the total value of the contract Kitron received?
The contract has an estimated value of EUR 17 million for the production of combat vehicle components.
When are the deliveries scheduled to start?
Deliveries are set to begin in the second half of 2026.
Where will the production take place?
Production will occur at a Kitron facility located in Europe.
What sectors does Kitron operate in?
Kitron operates in Connectivity, Electrification, Industry, Medical Devices, and Defence/Aerospace sectors.
How many employees does Kitron have?
Kitron employs around 3,000 individuals across its various operations.