MilDef Group receives order for custom-made security hardware worth 32 MSEK
The application is part of a defense vehicle program and units are delivered between 2021 and 2025.
The application is part of a defense vehicle program and units are delivered between 2021 and 2025.
To further support its customers and drive continued growth, MilDef is now making a change to its company structure.
Earlier today MilDef completed the previously announced acquisition of Sysint AS (Sysint). The acquisition includes 100 percent of the shares in Sysint. The integration work and the efforts to drive the joint businesses forward commences immediately. Sysint will operate as an independent subsidiary within the MilDef Group.
As previously reported MilDef Group AB has entered into an agreement to acquire all the shares in Sysint AS. The completion of the acquisition is planned for March 11, 2021. Update on the proceedings: The Norwegian Ministry of Defence have stated that they do not see any obstacles to the execution of the transaction.
MilDef Group AB (MilDef), a global provider of tactical IT, has entered into an agreement to acquire all the shares in Sysint AS (Sysint). The purpose of the acquisition is to strengthen the customer offering with software solutions and consulting services. In addition, the transaction is part of a strategic expansion plan for MilDef.
To further drive its organic growth and acquisition agenda, MilDef and its owners are currently assessing strategic alternatives, including a possible listing of the company. No decision has been taken and the market will be informed if and when any such decision is taken.
We are delighted to introduce our new facility encompassing 4400m² of office space, state of the art production, laboratory and environmental test facilities. Exciting times ahead!
MilDef announces contract award, worth over £20m, from Rheinmetall BAE Systems Land (RBSL) and Rheinmetall Landsysteme GmbH for GVA Crewstation PCs, Servers and Ethernet Switches for the British Army Mechanised Infantry Vehicle (MIV) programme.
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