Member news

6 Feb 2018

CybAero signs collaboration agreement with Missing People

CybAero announces that the company has signed a collaboration agreement today with Missing People Sweden. The agreement allows Missing People to use CybAeros remote controlled drones to find missing people. ‘’It is exciting that Missing People has chosen us as a partner in their work to improve their search for missing people. This agreement proves …

31 Jan 2018

BAE Systems awarded 40 Mk4 Naval Gun contract for Finland

BAE Systems will produce and deliver Bofors 40 Mk4 Naval Guns for the Finnish Navy and its Hamina Class Squadron 2000 fast attack craft, under a contract with Patria, the prime contractor for the vessel’s mid-life upgrade and overhaul program. With this contract, Finland adds the 40 Mk4 to its installed base of BAE Systems …

23 Nov 2017

ÅAC Microtec secures follow-on order from Airbus UK

ÅAC has secured a second order with Airbus Defence and Space in UK to supply power subsystems for the ground testing of the ExoMars rover worth 1.1 MSEK. This is the second of the two orders for this type of equipment with a total order value of 2.2 MSEK. Following the first order, press released …

3 Nov 2017

Swedish Army selects Bofors 155mm BONUS munition

KARLSKOGA, Sweden — The Swedish Defense and Material Administration has awarded BAE Systems a contract to deliver additional rounds of Bofors 155mm BONUS ammunition to the Swedish Army. Under this contract, the Swedish Army will strengthen its operational capability with the latest version of BONUS, which is developed and produced in cooperation by BAE Systems …

18 Oct 2017

NTU and Saab partnership to develop innovative high-end digital technology

Defence and security company Saab and Nanyang Technological University (NTU Singapore), one of the world’s leading research-intensive institutions, will set up a joint research centre as part of a collaboration to develop research projects and programmes in high-end digital technology. To initiate the partnership, NTU and Saab signed a Memorandum of Understanding (MOU) today (18 …

16 Oct 2017

USSOCOM awards Vricon FCT contract, “Vricon

On 11 October 2017, the US Special Operations Command (USSOCOM) announced that it awarded Vricon a contract for a Foreign Comparative Test (FCT) for commercial data, software, and testing to prototype increased resolution and accuracy of 3D geospatial data and automated workflows to reduce manual content creation processes involved in producing enhanced geospatial intelligence data …

10 Oct 2017

Saab Receives U.S. Army Order for AT4 Systems, #Saabgroup

Defence and security company Saab has received an order from the United States (U.S.) Army for the shoulder-launched AT4CS RS (Confined Space Reduced Sensitivity) anti-armour weapon system. The order value amounts to SEK 104 million (13.4M USD) and delivery will take place in 2019. The AT4CS RS is a fully disposable, preloaded weapon system with …

14 Sep 2017

Arexis – New electronic warfare family from Saab, #Saabgroup

Defence and security company Saab provides electronic warfare (EW) systems to customers worldwide. The latest addition to its extensive EW portfolio is a product family called Arexis. Saab is currently in the final stages of development of a new family of Electronic Warfare (EW) self-protection systems called Arexis. One version of Arexis is the on-board …

12 Sep 2017

SitaWare supports Swedish Home Guard

The Swedish Home Guard receives first delivery of the SitaWare based Information System, which will enhance situational awareness and provide improved decision support. Swedish Defence Material Administration (FMV) has now handed over the first Information System to the Swedish Home Guard. The Information System will support the Home Guard battalions in their work and is …

13 Jul 2017

Kitron: Q2 2017 – Strong growth and milestone EBIT margin of 7%

(2017-07-13) Kitron ASA today reported strong revenue growth and the achievement of an important margin goal in the second quarter. Kitron’s revenue in the second quarter amounted to NOK 649 million, a 16 per cent underlying growth compared to 563 million in the same quarter last year. Profitability expressed as EBIT margin was 7.0 per …

13 Jul 2017

Kitron: Q2 2017 – Strong growth and milestone EBIT margin of 7%

(2017-07-13) Kitron ASA today reported strong revenue growth and the achievement of an important margin goal in the second quarter. Kitron’s revenue in the second quarter amounted to NOK 649 million, a 16 per cent underlying growth compared to 563 million in the same quarter last year. Profitability expressed as EBIT margin was 7.0 per …

11 Jul 2017

Saab Receives Order for Carl-Gustaf Components, #Saabgroup

Defence and security company Saab has signed a contract on deliveries of components for the Carl-Gustaf man-portable weapon system. The order amounts to SEK 106 million and deliveries will take place during 2018. The order comprises of components for the Carl-Gustaf system, a modern and effective ground support weapon system, designed and suitable for a …