Kitron Secures Significant EUR 100 Million Defence Contract

Author: Addison Perry Updated: 10-20-2025 09:30 AM

Introduction to Kitron's New Defence Order

In an exciting development for the aerospace and defence industry, Kitron has recently announced that it has secured an order valued at EUR 100 million from a prominent customer. This significant contract is set to bolster Kitron's position within the defence sector, adding to its expanding order backlog.

CEO's Insights on the Order

Peter Nilsson, the CEO of Kitron, shared his enthusiasm about the new order, noting, “This new order adds to our growing defence order backlog and demonstrates the strong customer demand in this segment.” Nilsson’s comments reflect the company's commitment to meeting and exceeding the expectations of its clients in the defence market.

Delivery Timeline

Set against a backdrop of increasing demand, deliveries for this substantial order are scheduled to occur over the course of 2025 and 2026. This timeline is indicative of Kitron's meticulous approach to project management and customer satisfaction.

About Kitron

Kitron is a distinguished electronics manufacturing services company located in Scandinavia. It specializes in various sectors, including Connectivity, Electrification, Industry, Medical Devices, and Defence/Aerospace. With operations spanning across Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States, Kitron plays a crucial role in the global electronics manufacturing landscape.

Workforce and Revenue

The organization employs approximately 2,400 dedicated individuals, all contributing to its mission of delivering high-quality electronic solutions. In the previous fiscal year, Kitron reported impressive revenues amounting to EUR 647 million, reflecting the company's strong market presence and operational efficiency.

Looking Ahead

This new order not only signifies a major achievement for Kitron but also underlines the growing demand for innovative and reliable solutions within the defence arena. As military and aerospace sectors continue to evolve, companies like Kitron are well-positioned to lead with cutting-edge technologies and comprehensive service offerings.

Contact Information

For further inquiries, individuals can reach out to Peter Nilsson, the President and CEO, by phone at +47 948 40 850. Hans Petter Thomassen, the VP for Nordics and North America, is also available at +47 91392360. For email correspondence, you can contact investorrelations@kitron.com.

Frequently Asked Questions

What is the value of Kitron's recent defence order?

The recently secured defence order by Kitron is valued at EUR 100 million.

Who is the CEO of Kitron?

The CEO of Kitron is Peter Nilsson, who has expressed enthusiasm regarding the new order.

When will the deliveries for the new order take place?

The deliveries for this order are scheduled for 2025 and 2026.

What sectors does Kitron serve?

Kitron serves various sectors, including Connectivity, Electrification, Industry, Medical Devices, and Defence/Aerospace.

What recent revenue figures has Kitron reported?

Kitron reported revenues of EUR 647 million in the previous fiscal year.

About The Author

Hello, I'm 30-year-old financial writer and expert Addison Perry, and I love to simplify the intricacies of the financial industry. I've committed myself over the years to deciphering the subtleties of investing techniques and economic trends and converting them into doable guidance that anybody can use. My goal with writings and books is to make money interesting and approachable so that readers may take charge of their financial futures.

My enthusiasm to empowerment and education has propelled me through my career in finance. I write because I think that everyone should be able to make educated financial decisions, and I try to provide that. Regardless of experience level with investing, my work is intended to provide insightful analysis and practical advice to enable you to thrive in the always changing financial environment. I appreciate you traveling with me toward success and financial literacy.

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