Kitron receives EUR 55 million defence order

Core Insights - Kitron has secured an order valued at EUR 55 million from a customer in the Defence/Aerospace sector, indicating strong demand in this market [1] - The CEO of Kitron, Peter Nilsson, emphasized the company's agility and capability to scale operations rapidly in response to market needs [1] - Deliveries for this order are scheduled for 2026 [1] Company Overview - Kitron is a prominent Scandinavian electronics manufacturing services company, operating in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [2] - The company has a workforce of approximately 3,000 employees and reported revenues of EUR 647 million in 2024 [2] - Kitron has operations in multiple countries, including Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China, and the United States [2]