Regulatory Filings • Aug 22, 2022
Regulatory Filings
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Helsingborg, Sweden, August 22, 2022
MilDef, a global provider of tactical IT, has signed a 20-year strategic framework agreement with defense forces in a European NATO country, to modernize and digitalize this nation's defense forces. The counterpart cannot be disclosed due to national security. The framework agreement is by far the largest to date for MilDef, estimated to SEK 2.8 billion over 20 years.
To facilitate the substantial upgrade of tactical IT integrated into a brand-new fleet of military vehicles this government organization has turned to MilDef for a full array of deliveries within hardware, software, integration, and lifecycle services. MilDef will provide the nation's defense forces with computers, displays and network infrastructure for Command and Control.
"This government agency is creating a modern blueprint for digitalization that we strongly believe in and are uniquely positioned to deliver. We look forward to being an integral part of this very ambitious program. Among NATO countries, this blueprint offers some exciting system design that can be replicated among other nations who require cutting-edge digitalization. Although we are not disclosing which nation it is, we can say that it's a small-to-midsize defense market, a NATO member with a strong history of collaboration with other nations within NATO and EU, says Björn Karlsson, CEO MilDef Group.
The framework agreement also encompasses the first international export of MilDef's zero-day deployment tool OneCIS, to be used on both static and deployable infrastructure.
This is information that MilDef Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 11:45 CEST on August 22, 2022.
Björn Karlsson, CEO Phone: +46 705 25 01 07 Email: [email protected]
Olof Engvall, Head of IR & Communications Phone: +46 733 41 45 73 Email: [email protected]
MilDef was founded in 1997 in Helsingborg, Sweden. The company delivers tactical IT, including rugged hardware, software, and services. MilDef's products are sold to more than 160 customers through MilDef's subsidiaries in Sweden, Norway, Finland, United Kingdom, the United States, and through partner networks in more than 30 countries, predominantly within the EU. MilDef Group is listed on Nasdaq Stockholm. www.mildef.com
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