Fjord Defence Group ASA - Scanfiber Composites secures contract worth ~NOK 52 mllion for advanced ballistic protection from major European OEM
2026-11-13 08:00:00
Oslo, 13 October 2026
Scanfiber Composites A/S ("Scanfiber"), a wholly owned subsidiary of Fjord
Defence Group ASA ("DFENS"), is pleased to announce that it has received a
follow-on order valued at approximately NOK 52 million (EUR 4.5 million) from a
major European defence OEM.
The order covers the delivery of advanced ballistic protection solutions,
reinforcing Scanfiber's market-leading position in lightweight composite armour
and spall liners. The customer is a long-standing, recurring partner,
underlining the trusted, long-term relationships Scanfiber maintains within the
European and NATO defence ecosystem.
Deliveries under the contract are scheduled to take place through 2027, further
contributing to the strong revenue visibility and robust order backlog across
Fjord Defence Group's portfolio companies.
Peter B. Bertelsen, CEO of Scanfiber, said: "We are proud to receive this
substantial order from a valued, recurring customer. Winning repeat business of
this scale is a strong testament to our technical capabilities, product
reliability, and our team's dedication to delivering cutting-edge ballistic
protection solutions. This contract further strengthens our order pipeline and
underpins our growth trajectory as part of Fjord Defence Group."
For more information, please contact:
Jon Asbjørn Bø, CEO
jab@fjorddefence.com
+47 930 86 932
About Fjord Defence Group ASA
Fjord Defence Group ASA ("DFENS") is a Norwegian "compounder" listed on Euronext
Oslo Børs seeking to acquire and develop fast-growing, profitable, and well-run
companies in the defence industry. The company operates under a buy-and-build
strategy, focusing on established businesses with strong technological
advantages and global market positions.
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