(2025-12-10) Kitron has received an order with an estimated value of EUR 19
million for the production and supply of advanced electronic components used
within guidance, control and targeting systems.
The order is an extension of existing business with a long-term defence customer
and confirms Kitron's role as a trusted supplier of mission-critical electronics
for advanced weapon systems.
Deliveries under the order are scheduled to start in the second half of 2027,
and production will take place at a European Kitron facility.
"This order extension underscores the trust our defence customers place in
Kitron's ability to deliver high-reliability electronics for complex and
sensitive applications. It supports the long-term growth ambitions we have
communicated within Defence & Aerospace and further strengthens our position in
the guidance, control and targeting systems domain," says Peter Nilsson,
President and CEO of Kitron.
For further information, please contact:
Peter Nilsson, President and CEO, tel. +47 948 40 850
Hans Petter Thomassen, VP Central Nordics and North America, tel. +47 913 92 360
Email: investorrelations@kitron.com (mailto:investorrelations@kitron.com)
Kitron is a leading Scandinavian electronics manufacturing services company for
the Connectivity, Electrification, Industry, Medical devices and
Defence/Aerospace sectors. The group has operations located in Norway, Sweden,
Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China
and the United States. Kitron has about 3 000 employees, and revenues were EUR
647 million in 2024.
www.kitron.com (https://www.kitron.com)