Brief: Nordic Unmanned Receives 10-Year Framework Contract From Lockheed Martin UK

Nordic Unmanned ASA

16/12/2022 06:32

Dec 16 (Reuters) - Nordic Unmanned ASA  NUMND.OL :
    * NORDIC UNMANNED RECEIVES A 10-YEAR FRAMEWORK CONTRACT FROM
LOCKHEED MARTIN UK LTD
    * CONTRACT PERIOD IS 10 YEARS, WITH REVENUE EFFECT EXPECTED
TO
EXCEED EUR 5 MILLION IN 2023
    * CONTRACT COVERS PRODUCTION AND SUPPLY OF HEIMDAL SENSORS,
MAINTENANCE AND MODIFICATIONS RELATED TO SENSOR, AND OTHER
RELATED WORK ON LOCKHEED MARTIN INDAGO 4 DRONE
    * INITIAL CONTRACT CALL-OFF IS EXPECTED LATER THIS QUARTER
    * CONTRACT WORK WILL PRIMARILY BE DELIVERED BY NORDIC
UNMANNED'S
SUBSIDIARY, AIRROBOT GMBH & CO. KG
    * CONTRACT IS EXPECTED TO MORE THAN DOUBLE AIRROBOT'S
REVENUE FOR
2023 AND WILL MAKE A SIGNIFICANT CONTRIBUTION TO BACKLOG OF
NORDIC UNMANNED
    * NORDIC UNMANNED UK LTD ANNOUNCES TODAY THAT IT HAS
RECEIVED AN
AWARD FOR A LARGE QUANTITY OF HEIMDAL SENSORS AND SOFTWARE

Source text for Eikon:  ID:nObi5xmSZa 
Further company coverage:  NUMND.OL 
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