Kitron Inks Manufacturing Contract with Rheinmetall
February 24, 2017 | KitronEstimated reading time: Less than a minute
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.
Suggested Items
Seeing a Future in Mexico
07/09/2025 | Michelle Te, I-Connect007The Global Electronics Association (formerly known as IPC) has been instrumental in fostering a partnership with Guanajuato, a state north of Mexico City with 12 industrial clusters and close to 150 companies involved in electronics. This past spring, Alejandro Hernández, the undersecretary for investment promotion in Guanajuato, attended IPC APEX EXPO 2025 at the invitation of IPC Mexico Director Lorena Villanueva, where he met with several companies to discuss the opportunities available in Mexico. He is inviting electronics-related companies seeking long-term investment in a centrally located area with access to highways, railways, and ports.
Webinar Review: A Global Trade and Economy in Flux
07/09/2025 | I-Connect007 Editorial TeamIn a July 8 webinar, Global Electronics Association Chief Economist Shawn DuBravac provided a comprehensive analysis of the evolving international trade environment, its implications for inflation, monetary policy, and labor dynamics, and a sober assessment of market valuations. In “Navigating a Shifting Landscape” DuBravac painted a picture of a global economy in flux, where shifting trade alliances and tariff structures are redrawing the supply chain map and influencing the broader economic landscape, while also conveying an overall bullish market outlook.
Arrow Electronics Launches Engineering Solutions Center to Support Tech Innovation Across India and Southeast Asia
07/09/2025 | Arrow ElectronicsArrow Electronics, a global provider of technology solutions, announced the launch of its new Engineering Solutions Center(ESC) in Bangalore, India.
LITEON Technology Reports Consolidated June Sales of NT$13.6 Billion, Up 16% Y-o-Y
07/08/2025 | LITEON TechnologyLITEON Technology reported its June consolidated revenue of NT$13.6 billion. Thanks to the growth from power management in cloud computing, advanced server, and networking, the revenue is up 2% M-o-M, 16% Y-o-Y. The cumulative sales for January to June totaled NT$76.8 billion, up 24%, Y-o-Y.
Niche Electronics Announces Major Manufacturing Upgrade
07/08/2025 | Niche ElectronicsNiche Electronics, a leading electronics manufacturing services company, announced today that it has completed installation of Yamaha’s newest SMT lineup at its Pennsylvania production facility.