In a move that promises to fortify Finland's defense capabilities, the Finnish Minister of Defence, Mr. Antti Häkkänen, has given the green light for the Finnish Defence Forces to embark on an exciting new partnership with Bittium Wireless Ltd, a subsidiary of Bittium Corporation. This partnership, slated to span from 2025 to 2036, is set to be formalized by 2024, laying the groundwork for a long-term alliance aimed at bolstering defense readiness in all circumstances, be it routine or emergency.
At the heart of this collaboration is a shared commitment to ensuring that Bittium's crucial products and services remain available, perform optimally, and are usable under any conditions that the Finnish Defence Forces may face. The partnership agreement also includes provisions for joint planning and operations during emergencies, empowering Bittium to provide comprehensive support, covering everything from manufacturing to maintenance.
Johan Westermarck, CEO of Bittium Corporation, spoke of the potential of this collaboration, saying, "When this partnership comes to fruition, it will allow us to plan and execute cooperation efficiently, benefiting both parties. Working with the Finnish Defence Forces not only strengthens our credibility as a reliable partner but also enhances our standing in international markets."
The partnership will encompass command and control systems utilized across all branches of the Defence Forces, including Bittium's innovative tactical communications system and related products like the Bittium Tactical Wireless IP Network™, Bittium Tough SDR™, and Bittium Tough VoIP™. The aim is to seamlessly integrate these solutions into Finland's defense strategy, ensuring a robust and adaptable defense infrastructure.
The monetary value of this agreement will be determined by the annual armament needs and funding allocated to the Finnish Defence Forces. With over 35 years of experience in advanced radio communication technologies, Bittium is well-equipped to deliver secure and reliable communications solutions tailored to the specific needs of the Defence Forces. Beyond communications, Bittium also offers information security solutions for mobile devices and portable computers, as well as healthcare technology products and services.
With net sales reaching EUR 75.2 million in 2023 and listed on Nasdaq Helsinki, Bittium continues to be a pioneer in the defense and technology sectors. The partnership with the Finnish Defence Forces marks a significant milestone in Bittium's journey, solidifying its reputation as a trusted partner in safeguarding national security interests.
The Finnish Defence Forces Partnership Agreement represents a new chapter in Finland's defense landscape, one marked by collaboration, innovation, and a shared commitment to safeguarding the nation's security. Through this partnership, both parties are poised to navigate the challenges of tomorrow, ensuring Finland's readiness and resilience in the face of emerging threats.
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