4C Strategies secures significant contract with North American defense customer
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Programvara |
4C Strategies, 4C Group AB (publ), a leading provider of exercise, readiness, and training management solutions, has secured a significant contract with a defense customer in North America.
The agreement, which encompasses a combination of our software and services, further strengthens our position as a key player in the defense sector. The total potential value of the contract is approximately SEK 101 million over a three-year period, with the currently announced call-off valued at approximately SEK 68 million. The remaining value is expected to be realized over the following two years.
Out of the SEK 68 million, approximately SEK 59 million will be attributed to 4C Strategies' earnings for the third quarter of 2024.
“This contract further enhances our strategic position in the North American defense market," said Jonas Jonsson, Group CEO of 4C Strategies. "It is an exciting development for us in North America, and we view this agreement as a significant step towards continued expansion in the region."