Investment case – 5 reasons to invest in MilDef

1 – Reputable supplier in a fast growing market
2 – Technology & solutions positioned for defense build-up
3 – Experienced experts in digitalization for defense and security
4 – High-level engineering skills and deep industry knowledge
5 – Proven strategies for accelerated growth and value creation

1. Reputable supplier in a fast growing market

– MilDef addresses selected markets with high potential and projected growth. The Nordic region, Europe, the UK, the US and selected NATO countries are in focus.

– Growth is driven by digitalization in demanding environments, globally growing defense budgets, technological innovations and modernization.

– Long-term customer relationships are crucial for success in the market.

2. Technology and solutions positioned for defense build-up

– MilDef has significantly broadened its offering to be a system house supplier of hardware, software and services with a full focus on defense and security.

– The products are designed to withstand the harshest environments and meet strict military requirements.

– With modern production facilities in Sweden, Germany, and the United Kingdom, as well as the 2025 opening of a four-fold expansion of its integration operations in Rosersberg, outside Stockholm, MilDef has significantly expanded its manufacturing and integration capacity.

3. Experienced experts in digitalization in defense and security

– A well-positioned portfolio for tactical end-to-end solutions in hardware, software and services.

– Since 1997, MilDef has built a unique knowledge bank as a leading supplier of rugged and battle-proven defense and electronics equipment.

– There are only a few pure competitors to MilDef.

4. High-level engineering skills and deep industry knowledge

– MilDef is a company that attracts cutting-edge technical skills, often with employees who have extensive experience in the defense industry, leadership and international business development.

– MilDef has a value-driven corporate culture where employees are motivated by socially important tasks, technological challenges, inspiring work environments, internal career paths and training.

5. Proven strategies for accelerated growth and value creation

– The growth strategy is based on three strategic pillars: growth in home markets in the Nordic region, Europe and selected NATO countries, expansion via partner networks in prioritized markets and acquisition-driven growth.

– A solid financial position. During the 2020–2025 period, MilDef increased its revenue (CAGR) by an average of 34.2 percent per year, and the average adjusted EBITA margin for 2020–2025 was 11.3 percent, with an adjusted EBITA margin of 13.5 percent for 2025.

– An active acquisition strategy. Eight acquisitions have been made over the past decade, taking MilDef into new geographical markets and expanding the customer offering.