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Secunet set to receive up to €1.7 billion in German armed forces orders, document shows

Secunet set to receive up to €1.7 billion in German armed forces orders, document shows

- Security company Secunet YSNG.DE is set to receive encryption technology orders worth up to €1.7 billion ($1.9 billion) from the German armed forces, a document seen by Reuters on Wednesday showed.

According to the document, the committee is set to give the go-ahead on Wednesday for a framework agreement with the company to modernise the Bundeswehr's communications networks with new encryption technology.

($1 = 0.8763 euros)


(Reporting by Markus Wacket
Editing by Ludwig Burger
Writing by Linda Pasquini)

((linda.pasquini@thomsonreuters.com; +48 58 7785261;))

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