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Kitron Secures NOK 109 Million Order from KONGSBERG for Defence Tech

Kitron Secures NOK 109 Million Order from KONGSBERG for Defence Tech

Significant Order from KONGSBERG to Kitron

Recently, Kitron has announced an exciting partnership as they secured an order worth NOK 109 million from Kongsberg Defence & Aerospace AS (KONGSBERG). This order is centered around providing advanced communication equipment that plays a vital role in air defence systems, which are delivered by KONGSBERG.

Impact of This Order on Kitron

Hans Petter Thomassen, VP for the Nordics & North America at Kitron, expressed enthusiasm about the growing collaboration with KONGSBERG, stating, “KONGSBERG has reported strong activity in its air defence projects, and we are very pleased to be part of its value chain in this growing market segment.” This statement highlights Kitron's commitment to being a significant contributor in the defence sector.

Production and Delivery Schedule

Production for this order is set to take place at Kitron’s Arendal facility in Norway, with deliveries expected in 2026. This timeline allows Kitron to ensure quality and efficiency in their manufacturing process, aligning with their reputation as a leading electronics manufacturing service provider.

About Kitron

As a prominent player in the Scandinavian electronics manufacturing landscape, Kitron focuses on several critical sectors, including Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace. Established as a key player, Kitron has operations in various countries, including Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States. Employing approximately 2,400 individuals, Kitron demonstrated impressive financial performance with revenues of EUR 647 million in 2024.

Company Leadership Contacts

For further inquiries, interested parties can reach out to Peter Nilsson, President and CEO, at +47 948 40 850, or Hans Petter Thomassen, Executive Vice President for the Nordics & North America, at +47 913 92 360.

Future Prospects and Expansion

The recent contract is expected to bolster Kitron's position in the defence technology market, especially with the increasing global focus on national security and defence capabilities. As nations invest heavily in modernizing their military equipment, initiatives like those from KONGSBERG are pivotal.
Kitron’s comprehensive services and innovative manufacturing solutions make it a valuable partner in such initiatives, ensuring not just successful project completion but also continuous growth and expansion in the defence sector.

Frequently Asked Questions

What does the order from KONGSBERG entail?

The order involves communication equipment that will be integrated into air defence systems supplied by KONGSBERG.

When will deliveries for the order take place?

Deliveries are scheduled for the year 2026.

Where will the production of the ordered equipment happen?

The production will occur at Kitron’s facility located in Arendal, Norway.

Who are the main contacts at Kitron for this order?

The main contacts are Peter Nilsson, President and CEO, and Hans Petter Thomassen, Executive Vice President, who can be reached by telephone.

What sectors does Kitron operate in?

Kitron operates across various sectors, including Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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