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Clavister awarded 170 million SEK contract by BAE Systems Hägglunds to deliver Cyber ​​Armor for the CV90 platform

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Key Moments

Contract awarded to Clavister

Clavister has received a 170 million SEK five-year contract with BAE Systems Hägglunds for Cyber Armour for the CV90.

Product development and deliveries

The upgraded Cyber Armour product is being developed for delivery from 2024 with series deliveries from 2025–2030.

The importance of cyber protection for CV90

The CV90 is a highly digitized platform where advanced cyber protection protects vehicles and crew against sophisticated attacks.

The role and expertise of Clavisters

Clavister has over two decades of experience in cybersecurity for critical applications with global presence and partnerships.

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.

The CV90 is an incredibly powerful vehicle that proves its superiority time and time again.

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.

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Clavister Cyber Armor system for its CV90 platform

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.

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BAE Systems Hägglunds AB CV90

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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Questions Answered

What does the new contract between Clavister and BAE Systems Hägglunds mean?

A five-year agreement for the development and delivery of Cyber Armour for the CV90.

How does Cyber Armour protect the CV90 platform?

By being an integrated cybersecurity gateway against advanced cyber attacks.

When will deliveries of the new Cyber Armour product start?

Prototypes will be delivered in 2024, series deliveries will start in 2025.

What experience does Clavister have in cybersecurity?

Over 20 years of specialization in critical applications and global presence.

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