4C Strategies signs a new five-year framework agreement, with the option to extend a further two years, with the Swedish Armed Forces, for a value of SEK 150 million
Kurs & Likviditet
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Programvara |
4C Strategies, a leading global provider of training & exercise management solutions, has signed a new five-year framework agreement with the Swedish Armed Forces. The agreement, which has an option for a two-year extension, covers the period 2023-2030 and has a maximum value of SEK 150 million. This agreement complements previous maintenance agreement of SEK 79 million that was signed in December 2022.
The framework agreement covers 4C Strategies’ market leading Exonaut Training & Exercise Management software, as well as associated software related services. The Swedish Armed Forces has been a customer of 4C Strategies for over 20 years.
“4C Strategies is proud to continue our support to the Swedish Armed Forces capability development. It’s particularly relevant given the Russian invasion of Ukraine and Sweden's NATO ascension. In these turbulent times, Sweden’s increased ambition within the total defence area will be a key driver moving forward and 4C actively contributes to this important work,” comments Mikael Grape, Managing Director 4C Nordic.
“The framework agreement with the Swedish Armed Forces highlights the trust put in 4C Strategies and Exonaut by NATO and its allies for use in exercise and training management,” says Magnus Bergqvist, CEO 4C Strategies. “The long-term partnership with the Swedish Armed Forces has been central to the development of Exonaut and I’m extremely happy that they are continuing to utilize and invest in our solution.”