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Kitron Secures Contract Valued at EUR 4-8 Million for Components Supporting Unmanned Aerial Systems
04 Jul 2025 15:16 CEST
Issuer
Kitron ASA
(2025-07-04) Kitron has received a contract with an estimated value between EUR
4 and 8 million for the production and supply of advanced electronic components
used in unmanned aerial systems (UAS).
Deliveries under the contract are scheduled to start in the first half of 2026,
and production will take place primarily at Kitron's European facilities.
"We are proud to strengthen our role as a trusted manufacturing partner in the
rapidly evolving UAS segment," says Mindaugas Sestokas, Kitron Vice President
Central Eastern Europe. "This award reflects our proven capability to deliver
mission-critical solutions".
The contract further expands Kitron's growing portfolio within the Defence and
Aerospace market sector and solidifies the company's position as a leading
supplier to next-generation unmanned platforms.
For further information, please contact:
Peter Nilsson, President and CEO, tel. +47 948 40 850
Mindaugas Sestokas, VP Central Eastern Europe, tel. +370 685 25557
Email: investorrelations@kitron.com (mailto:investorrelations@kitron.com)
Kitron is a leading Scandinavian electronics manufacturing services company for
the Connectivity, Electrification, Industry, Medical devices and
Defence/Aerospace sectors. The group has operations located in Norway, Sweden,
Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China
and the United States. Kitron has about 2 400 employees, and revenues were EUR
647 million in 2024.
www.kitron.com (http://www.kitron.com)
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
More information:
Access the news on Oslo Bors NewsWeb site
Source
Kitron ASA
Provider
Oslo Børs Newspoint
Company Name
KITRON
ISIN
NO0003079709
Symbol
KIT
Market
Euronext Oslo Børs