NOTE wins Security & Defence contract worth €14 million
Swedish EMS provider NOTE has been awarded a contract by a European customer in the Security & Defence sector, with an estimated value of approximately SEK 160 million (approximately EUR 14.3 million) over a three-year period. Order intake to date indicates a higher delivery rate than initially planned.
The contract strengthens NOTE's position within the defence and security segment, reflecting growing demand for European electronics manufacturing driven by increased focus on security of supply and resilient supply chains, according to a press release from NOTE.
NOTE says activity within Security & Defence remains strong, with the company currently involved in several development and industrialisation projects with potential to develop into long-term production programmes.
"This contract is further proof of the trust our customers place in NOTE as a long-term partner. We are proud to contribute with quality, reliability and delivery capability to projects that are important for Europe’s security and preparedness," says Johannes Lind-Widestam, President and CEO of NOTE.
Neither the customer nor the production facility that will handle the contract is named in the press release.
