INVISIO signs framework agreement worth up to SEK 365 million with Netherlands Ministry of Defence

By Defence Industry Europe

INVISIO has entered into a framework agreement with the Netherlands Ministry of Defence that may be worth up to SEK 365 million. The initial term of the agreement is five years, with the option to extend it for an additional two years.

INVISIO has entered into a framework agreement with the Netherlands Ministry of Defence that may be worth up to SEK 365 million. The initial term of the agreement is five years, with the option to extend it for an additional two years.

 

The agreement includes INVISIO’s personal communication systems for mobile users in the field, featuring a broad range of products. Among the equipment are the latest T30 and X7 headsets, multiple control unit models, and various intelligent cables.

The customer estimates the agreement’s value at approximately SEK 260 million over the first five years. Should the two optional extension years be exercised, the value could increase to SEK 365 million, although no purchase volumes are guaranteed.

 

 

“We are proud that the defence forces in the Netherlands have chosen INVISIO,” said Lars Højgård Hansen, CEO of INVISIO. “This is a clear sign of the confidence placed in our solutions and proof that our significant investments in the product portfolio and organization in recent years are now yielding results.”

Orders under the agreement are expected to begin later this year.

 

 

Tags:

Related news & articles

Latest news

Featured