Breaking news
Bittium received a purchase order from the Finnish Defence Forces for its TAC WIN 40812151.
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Defence & Security News - Bittium
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| Bittium received a purchase order from the Finnish Defence Forces for its TAC WIN | |||
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Bittium received a purchase order from the Finnish Defence Forces for the Software-Defined Radio based system products meant for tactical communications. The purchase order is the materialization of a purchase option issued together with a purchase order received in July 2014.
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 Bittium Tactical Wireless IP Network TAC WIN |
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Bittium has received a purchase order from the Finnish Defence Forces for the Bittium Tactical Wireless IP Network (TAC WIN) system products, which are meant for tactical communications. The purchase order is the materialization of a purchase option issued together with a purchase order received in July 2014. Both the original purchase order and the now materialized purchase option are part of the renewal of the Finnish Defence Forces' command and control data networks with Bittium's TAC WIN system.
The value of the received purchase order is EUR 5.1 million (excl. VAT). The order has no significant impact on Bittium's net sales, operating result or financial standing, and it has also no effect on Bittium's financial outlook for the year 2015, published on November 5, 2015 in the Interim Report January-September 2015. The development work of the Bittium TAC WIN system began in September 2011 with a delivery contract signed between Bittium and the Finnish Defence Forces and with related product deliveries. The product deliveries started in December 2012 and have continued with the purchase order received in July 2014. The products that were ordered now will be delivered to the Finnish Defence Forces during the year 2016. |
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