Brief: Theon Signs EUR 40 Mln Contract With Rheinmetall For Phylax Multi-Sensor System
08/04/2026 13:55
April 8 (Reuters) - Theon International Plc THEON.AS: THEON SIGNS STRATEGIC AGREEMENT WITH RHEINMETALL FOR THE DEVELOPMENT AND SUPPLY OF THE PHYLAX STABILIZED MULTI-SENSOR SYSTEM INITIAL CONTRACT VALUE EXCEEDS €40 MILLION FOR SEVERAL HUNDRED SYSTEMS NEW PHYLAX PRODUCTION FACILITY EXPECTED READY BY Q2 2027 AT €10 MILLION COST Source text: ID:nGNE5n3R0Y Further company coverage: THEON.AS (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com ; +48 58 769 66 00;;))
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