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Kitron has signed an agreement with Rheinmetall MAN Military Vehicles. The contract, worth about NOK 250 million over a five-year period, covers manufacturing of electronics, measuring instruments and control devices.
The production will take place at Kitron's plant in Kaunas, Lithuania.
"One and a half year ago we announced a new contract with Rheinmetall Defence Electronics. Our operational performance and ability to fulfil our obligations have opened new opportunities with other Rheinmetall divisions. This new contract with Rheinmetall MAN Military Vehicles is a typical example of how we grow new business through horizontal integration with existing customers," said Tommy P. Storstein, Corporate sales director of Kitron ASA.
About Kitron
Kitron is one of Scandinavia's leading electronic manufacturing services companies for the Data/Telecoms, Defense, Energy, Industry, Medical devices and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenue of about NOK 2.1 billion in 2016 and has about 1,350 employees. For more information, visit www.kitron.com.
