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Kitron: Order from new customer within autonomous systems for defence industry increased to EUR 12 million
Globenewswire· 2026-01-29 16:43
(2026-01-29) Kitron has received an additional order valued at approximately EUR 5 million for the production and supply of advanced electronics for autonomous systems across air, land, and sea domains for the defence industry. This order is in addition to the previously received order of EUR 7 million, which was announced on 22 December 2025. Therefore, the total value of orders received from this customer amounts to approximately EUR 12 million. Deliveries under the order are scheduled to commence in the ...
Kitron signs €7M agreement with new customer within autonomous systems for the defence industry
Globenewswire· 2025-12-22 10:39
Core Insights - Kitron has signed a contract valued at EUR 7 million for the production and supply of advanced electronics for autonomous systems in the defense industry, with deliveries starting in Q1 2026 [1] - The order highlights Kitron's strong position in the autonomous systems sector, emphasizing the importance of rapid scalability and high quality, which aligns with the company's business model and growth ambitions in Defense & Aerospace [2] Company Overview - Kitron is a leading Scandinavian electronics manufacturing services company, operating in sectors such as Connectivity, Electrification, Industry, Medical devices, and Defence/Aerospace [3] - The company has a workforce of approximately 3,000 employees and reported revenues of EUR 647 million in 2024 [3]