Kitron: Order from new customer within autonomous systems for defence industry increased to EUR 12 million

Core Insights - Kitron has received an additional order valued at approximately EUR 5 million for advanced electronics production for autonomous systems in the defense industry, bringing the total order value from this customer to approximately EUR 12 million [1][2][3] Group 1: Order Details - The new order is in addition to a previously announced order of EUR 7 million [1] - Deliveries under the new order are scheduled to commence in the second quarter of 2026, with production taking place at Kitron's European facilities [2] Group 2: Company Positioning - This order highlights Kitron's solid and growing position in the autonomous systems industry, emphasizing the importance of fast ramp-up, scalability, high quality, and reliability [3] - The order supports Kitron's long-term growth ambitions in the Defense & Aerospace sector, further strengthening its position in this domain [3] Group 3: Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company operating in various sectors, including Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [4] - The company has operations in multiple countries and employs around 3,000 people, with revenues reported at EUR 647 million in 2024 [4]