Change of number of shares and votes in MilDef Group AB (publ)
Pursuant to the Swedish Financial Instruments Trading Act (Sw. lagen (1991:980) om handel med finansiella instrument), Swedish companies whose shares are listed on a regulated market and that are increasing or reducing the total number of shares or votes in the company are to disclose such changes on the last trading day the same month.
MilDef wins OneCIS software contract and hardware orders from FMV worth SEK 81 million
MilDef has signed an agreement with the Swedish Defense Materiel Administration (FMV) regarding a command-and-control system for increased NATO interoperability and connectivity to the Swedish Navy. The solution consists of MilDef’s OneCIS software, hardware and integration services. The contract is initially worth SEK 81 million and deliveries will take place in 2025. Given outcome of options, the total value can amount to SEK 127 million.
MilDef signs contract with BAE Systems Hägglunds for IT equipment in tracked vehicle BvS10, worth SEK 80 million
MilDef has been entrusted with the delivery of rugged IT equipment for new BvS10 tracked vehicle from BAE Systems Hägglunds. The contract is initially worth SEK 80 million. Deliveries will be made to a European nation during 2025-2029.
MilDef concentrates its activities towards the defense sector
MilDef has decided to fully focus its activities on the defense and security domain. The motive behind the strategic focus is the strong market conditions in the defense sector, which in turn is a result of the steep increase in defense spendings. The consequence of the decided direction is that MilDef intends to fully integrate the subsidiary Handheld’s portfolio for the defense industry into MilDef’s other operations and to cease operations in Handheld’s other sales segments.
Extraordinary General Meeting in MilDef Group AB (publ)
At today’s Extraordinary General Meeting (EGM) in MilDef Group AB (publ), the following was resolved.