Oslo, 10 June 2026
Fjord Defence Marine AS announces today that the company has won a significant
framework agreement.
The agreement has a duration of seven years with options for an additional 2 + 2
years. The contract has an estimated value of up to NOK 113 million. Prices are
fixed for the first three years, with indexation from year four and onwards. The
contract is expected to require limited working capital while delivering a
strong margin profile.
Trond Underhaug, CEO of Fjord Defence Marine AS, comments: "We are very pleased
to have secured this framework agreement. This is a long-term and predictable
contract that will provide us with stable revenues over many years. Formally
becoming part of the Fjord Defence Group also gives us significant synergies and
increased market strength. We look forward to a strong collaboration with the
customer and are confident that this agreement will be an important contribution
to our continued growth."
The contract will be added to the company's order book immediately.
For further information, please contact:
Jon Asbjørn Bø, CEO
JAB@fjorddefence.com
+47 930 86 932
ABOUT FJORD DEFENCE GROUP ASA
Fjord Defence Group ASA ("DFENS") is a Norwegian "compounder" listed on Euronext
Oslo Børs seeking to acquire and develop fast-growing, profitable, and well-run
companies in the defence industry. The company has a buy & build strategy, with
focus on acquiring established, profitable businesses within the defence,
security and related segments. More information on www.fjorddefencegroup.com.
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
5-12 of the Norwegian Securities Trading Act.\