The Finnish Defence Forces order Bittium Tactical Wireless IP Network™ (TAC WIN) system’s products and Bittium Tough Comnode™ devices based on Framework Agreements on the purchase of the products.
The value of the purchase order including Bittium TAC WIN system's products is approximately EUR 8.5 million (excl. VAT). The ordered tactical routers and radio heads are related to several ongoing projects in the Finnish Defense Forces, where Bittium TAC WIN provides broadband IP network connections for mobile communication stations and command posts.
Bittium TAC WIN system’s products are ordered based on a Framework Agreement between Bittium and the Finnish Defence Forces, according to which the Finnish Defence Forces purchase Bittium TAC WIN system’s products for tactical communications. The Framework Agreement covers the years 2021–2024, with a total value of approximately EUR 30 million (excl. VAT) at the maximum. According to the Framework Agreement, the Finnish Defence Forces will issue separate purchase orders for the products each year. Bittium announced on December 22, 2020 that the Finnish Minister of Defence Anssi Kaikkonen had authorized the Finnish Defence Forces to purchase Bittium Tactical Wireless IP Network™ (TAC WIN) system’s products.
The value of the purchase order including Bittium Tough Comnode devices is approximately EUR 1.7 million (excl. VAT). Bittium Tough Comnode fulfills the data transfer needs of the Finnish Defence Forces' mobile troops by functioning for example as a VoIP phone (Voice over IP), an IP router (Internet Protocol), and an SHDSL repeater (Symmetrical High-speed Digital Subscriber Line).
Bittium Tough Comnode devices are ordered based on a Framework Agreement signed by Bittium and the Finnish Defence Forces in 2018, according to which the Finnish Defence Forces purchase Bittium Tough Comnode devices and related accessories. The Framework Agreement covers the years 2018–2022, with a total value of approximately EUR 8.3 million (excl. VAT) at the maximum. According to the Framework Agreement, the Finnish Defence Forces will issue separate purchase orders for the products each year.
All the products will be delivered to the Finnish Defence Forces during the year 2021. The purchase orders do not change Bittium's financial outlook for the year 2021, published in Bittium Corporation’s Financial Statement Bulletin January-December 2020 on February 11, 2021.