Ovzon Lands SEK40 Million Satellite Communications Contract from New NATO Client
Ovzon (OVZON.ST) secured a 40 million-krona order from an undisclosed North Atlantic Treaty Organization member state to provide its integrated satellite communications system. Half of the order value is for the Swedish company's mobile satellite terminals, according to a Tuesday release. The mobile satellite communications services provider will supply the terminals in the third and fourth quarters and deliver the service for six months from the fourth quarter.
Ovzon (OVZON.ST) secured a 40 million-krona order from an undisclosed North Atlantic Treaty Organization member state to provide its integrated satellite communications system.
Half of the order value is for the Swedish company's mobile satellite terminals, according to a Tuesday release.
The mobile satellite communications services provider will supply the terminals in the third and fourth quarters and deliver the service for six months from the fourth quarter.