Brief: Atea Receives Four Frame Agreements From Norwegian Armed Forces

Atea ASA

11/05/2022 08:51

May 11 (Reuters) - Atea ASA  ATEA.OL :
    * NORWEGIAN ARMED FORCES AWARDS ATEA FOUR LARGE FRAME
AGREEMENTS
    * DELIVERIES ARE EXPECTED TO START IN MAY 2022
    * ESTIMATED VALUE OF FRAME AGREEMENTS IS NOK 700 MILLION IN
GROSS
SALES PER YEAR
    * FRAME AGREEMENTS EACH HAVE A TERM OF FOUR YEARS WITH
OPTION TO
EXTEND FOR AN ADDITIONAL THREE YEARS
    * VALUE OF UP TO A MAXIMUM AMOUNT OF NOK 8.35 BILLION OVER 7
YEARS

Source text for Eikon:  ID:nObiD6GpTa 
Further company coverage:  ATEA.OL 

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