Clavister, a leader in European cybersecurity for mission-critical applications, today announced that it has been awarded a contract worth SEK 170 million to supply BAE Systems Hägglunds Clavister Cyber Armor system for its CV90 platform, for two European end customers.
The new contract, announced as in negotiation phase on 15 September 2023, sees BAE Systems procure Hägglunds Clavister Cyber Armour, an integrated defence cybersecurity system, for the CV90 platform, to be used in deployments at two European end customers. The contract is valued at SEK 170 million and will be implemented over five years after prototype– and first-of-type deliveries will take place in 2024.
BAE Systems Hägglunds, part of BAE Systems – Europe's largest and the world's third largest defense contractor – designs and manufactures the CV90, a family of infantry fighting vehicles (IFV) ranked as the most successful IFVs:the years in Europe, with several recent major contract wins. The latest version of CV90 is a highly digitized platform, where advanced cyber protection is a significant capability to protect the vehicle and its crew from sophisticated cyber attacks and ensure continued operation on the battlefield.
The new contract between Clavister and BAE Systems Hägglunds consists of development of an expanded and upgraded product, series deliveries of that product, and professional services to support BAE Systems Hägglunds with the design, integration and validation of the solution.
The upgraded product is a powerful military-grade security gateway designed to be an integral part of the electronics and communications architecture in highly digitized defense platforms. Compared to existing products in the Cyber Armour product family, the new product offers more connectivity options, better serviceability in the field, and a higher performance-to-cost ratio. Development of the new Cyber Armour product has recently begun and will be ready for delivery in 2024. Series deliveries of the product will start in 2025 and continue for a period of five years.
John Vestberg, CEO of Clavister: “We are delighted to conclude this major milestone in our long relationship with BAE Systems Hägglunds. The CV90 is an incredibly powerful vehicle that has proven its superiority time and time again. We are proud to be part of this journey of success and excited to see the market continue to evolve with more and more nations adopting a modern cyber defense strategy.”
About Clavister
Clavister is a specialist Swedish cybersecurity company that has been protecting customers with mission-critical applications for more than two decades. Founded and headquartered in Örnsköldsvik, Sweden, Clavister pioneered one of the first firewalls and has continued to build robust and adaptable cybersecurity solutions ever since. By leveraging a growing ecosystem of partners and resellers, we serve customers in more than 100 countries with implementations in the public sector, energy, telecom, and the defense sectors.
The stock, Clavister Holding AB, is listed on Nasdaq First North Growth Market. FNCA Sweden AB is the Company's Certified Advisor.
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