STRONG GROWTH DRIVES INCREASED PROFITABILITY Financial development Q2 2023 Net sales increased by 144% to SEK 288.8 million (118.5). The gross margin was 50% (49). Adjusted EBITDA amounted to SEK 47.7 million (-9.6), equivalent to an adjusted operating margin of 16.5% (-8.1). Operating profit (EBIT) amounted to SEK 33.6 million (-15.0), corresponding to an operating…
MilDef and UMS SKELDAR now launch a bespoke Remote Pilot Station (RPS) console that provides optimal workspace, functionality, and improved ergonomics for Unmanned Aircraft System (UAS) operators. MilDef has designed, developed, and manufactured a bespoke working pilot console for UMS SKELDAR’s V-200 platform, who in turn will deliver the UAS and consoles for maritime defense…
Handheld Group, a leading manufacturer of rugged mobile computers and part of MilDef has been assigned to develop operator computers for nano drones, used by dismounted soldiers. The bespoke carry-on uniform control computer is based on a 7-inch ultra-rugged Handheld Android tablet. The customer is a global defense group, based in the US, delivering nano…
MilDef has signed an initial production contract from Astronics Corporation, a provider of advanced technologies for global aerospace, defense and mission critical industries. This contract integrates MilDef’s computing platform within the Astronics portable radio test suite being provided to U.S. Marine Corps’ (USMC) Handheld Radio Test Sets Program (HHRTS). This initial contract, valued at 3…
MilDef, the nordic region’s leading supplier of tactical IT, software solutions and services, will publish its second quarter results for 2023 on July 27, at 08:00 am CET. A conference (on Teams) for investors, analysts and media will be held at 10.00-10.45 CET that same day. The report will be presented by Daniel Ljunggren, CEO….
MilDef’s Swedish integration business has won a three-year contract to digitalize one of the amphibious corps’ support vessels, known as Lätt Trossbåt. The project is part of the larger framework agreement that MilDef signed with the Swedish Defence Materiel Administration in 2022. In total, the infrastructure for battle management systems will be upgraded and installed…
MilDef now accelerates US ambitions by consolidating MilDef Inc and recently acquired Handheld operations, under one strong and focused unit. By doing so MilDef’s total US footprint is doubled, and the product offering is substantially widened for increased reach into the military, government as well as the critical infrastructure domains. Jim Rimay, today CEO Handheld…
MilDef has signed an extension of its framework agreement with the Norwegian Defense Material Agency (NDMA). The contract, originally signed in in May 2020, has now been extended for an additional two years, from 2023 to 2025. Under the terms of the agreement, MilDef will continue to provide its cutting-edge military IT solutions to support…
After a successful listing of MilDef, the company is now entering the next phase and has decided to appoint Viveca Johnsson as new CFO. Viveca has both a solid financial and industrial competence. She most recently comes from the industrial company Nederman, where she has been active since 2013. Viveca Johnsson will be part of…
At today’s Annual General Meeting (AGM) of MilDef Group AB (publ), the following was resolved. Presentation and adoption of accounts and discharge from liability The AGM noted that the annual report and the auditor’s report as well as the consolidated financial statements and the auditor’s report for the group for the financial year 2022 had…