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16.10.2015 08:30:05

ÅF strengthens position as leading defence technology partner

For further information:

Viktor Svensson, President, Technology Division                           +46 70 657 20 26
Pär Lundberg, Business Area Manager, Technology Division           +46 70 275 68 18

       

ÅF has signed a major contract with the Swedish Defence Materiel Administration (FMV) to provide consultancy services relating to production of necessary documentation and coordination of construction work for property networks and technical surveillance of Swedish Armed Forces garrisons around Sweden. The contract is for four years, including extensions, and has an estimated order value of SEK 61 million. Including extensions, the order value is projected to rise to SEK 123 million over the course of the contract. ÅF will provide leading-edge know-how and project planning - from needs analysis and system descriptions to construction management and systems security. ÅF will work alongside Helm Systems AB as a contract partner.

Viktor Svensson, President of ÅF's Technology Division, said: "This contract will enable ÅF over the course of four years to be part of helping and developing one of our key clients in this industry."

ÅF is a leader in technologically complex systems for the defence industry. The FMV contract enhances the company's ability to grow its market share in both the defence and telecom industries.

Pär Lundberg, Business Area Manager ÅF Systems Management, said: "We are delighted that ÅF and FMV will be able to continue to successfully spearhead development and services within the Swedish armed forces, which in the current international climate are increasingly important for Sweden."

Corporate Communication
ÅF AB

ÅF is an engineering and consulting company for the energy, industrial and infrastructure markets, creating progress for our clients since 1895. By connecting technologies we provide profitable, innovative and sustainable solutions to shape the future and improve people's lives. Building on our strong base in Europe, our business and clients are found all over the world.

ÅF - Innovation by experience




This announcement is distributed by Nasdaq OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ÅF AB via Globenewswire

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