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W5 Solutions Enters into a Framework Agreement with the Swedish Armed Forces with an Estimated Value of SEK 700m
CEO Evelina Hedskog, W5 Solutions
Tactical Target Systems
Simulation system
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Kommunikation |
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W5 Solutions’ business area Training has entered into a framework agreement with the Swedish Armed Forces with an estimated value of SEK 700 million over the full framework agreement period, including extension options. The framework agreement covers service, support and spare parts, including the supply of additional equipment for training and simulation systems, and has an initial term of three years. Thereafter, the agreement may be extended by up to three additional two-year periods, resulting in a total term of nine years.
The framework agreement covers support and lifecycle management services, including maintenance, technical system support and the supply of equipment. Deliveries and services will be called off under the agreement on an ongoing basis based on the customer’s requirements over time.
“This agreement further strengthens our position as a long-term partner to the Swedish Armed Forces and provides a solid foundation for continued cooperation, with the potential to grow and develop over time”, says Evelina Hedskog, President and CEO of W5 Solutions.