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Bittium Wireless Ltd, a subsidiary of Bittium Corporation has received a purchase order from the Finnish Defence Forces for Bittium TAC WIN products Oulu, Finland, April 13, 2018 – Bittium Wireless Ltd, a subsidiary of Bittium Corporation has received a purchase order from the Finnish Defence Forces for products included in the Software Defined Radio based Bittium Tactical Wireless IP Network\u2122 (TAC WIN) system, which is meant for tactical communications. The value of the purchase order is EUR 14.3 million (excl. VAT). The purchase order does not change Bittium's financial outlook for the year 2018, published on February 22, 2018 in Bittium Corporation’s Financial Statement Bulletin 2017. The purchase order is based on the Framework Agreement signed by Bittium and the Finnish Defence Forces on August 9, 2017, according to which the Finnish Defence Forces will order products included in the Software Defined Radio based Bittium TAC WIN system during the years 2018-2020. According to the Framework Agreement, Finnish Defence Forces will issue separate purchase orders for the products each year. The products ordered now will be delivered to the Finnish Defence Forces during the year 2018. If materialized in full, the total value of the Framework Agreement is EUR 30 million (excl. VAT). Bittium issued a stock exchange release about the Frame Agreement on August 9, 2017. The purchase order is part of the renewal of the Finnish Defence Forces’ command, control and communications system, where the Software Defined Radio based Bittium TAC WIN system acts as the backbone network for tactical data transfer. Bittium TAC WIN provides broadband IP network connections for mobile communication stations and command posts. In the reformed combat doctrine of the Finnish Defence Forces, mobility, leading the troops on the move, and effective communications play a key role. |
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| aus der Diskussion: | Bittium Corporation -- interessanter Wert |
| Autor (Datum des Eintrages): | Fullhouse1 (16.04.18 12:49:13) |
| Beitrag: | 9 von 28 (ID:57552663) |
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