MilDef Group AB (publ)
MILDEF.ST
Stockholm Stock Exchange191.35
SEK
-3.05
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MilDef Group AB (publ)
MILDEF.ST
(Stockholm Stock Exchange)
Recent
price
191.35
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- MilDef Group AB is a Sweden-based global systems integrator and full-spectrum provider specializing in rugged IT solutions for the defense, security, government, and critical infrastructure sectors. Founded in 1997 and headquartered in Helsingborg, Sweden, MilDef delivers a comprehensive portfolio of hardware, software, and services designed to protect and digitalize critical information streams and systems for military and government customers operating in demanding environments. The company's main product categories include rugged computers, rugged displays, rugged network systems, compact computers, power products, and intelligent switches, all customizable into complete, functional tactical IT systems proven for use on land, at sea, and in air operations. MilDef's product sales and services extend through subsidiaries across Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, and Australia, supported by partner networks in over 40 countries. In recent major developments, MilDef significantly expanded its European presence with the acquisition of roda computer GmbH in November 2024, a strategic move that enhances its footprint in Central Europe, particularly in the DACH region. Roda is a well-established provider of military IT solutions and includes the UK-based Westek Technology, which designs and manufactures high-performance rugged computer hardware and peripherals. This acquisition strengthens MilDef’s role as a leading European player in tactical and rugged IT for defense and security, providing access to key market channels, long-standing customer relationships, and framework agreements. Additionally, MilDef opened a new 6,500 square meter office and production facility called Bastionen in Rosersberg, Sweden, quadrupling its integration service capacity to support larger, more complex defense and security projects. The company also secured a SEK 320 million framework agreement order from a German defense and security company through its subsidiary roda, with deliveries scheduled for 2026–2028. MilDef continues to grow rapidly, doubling sales in 2025, with its product portfolio and services aimed at defense and security customers requiring highly reliable tactical IT solutions worldwide. MilDef operates mainly in the defense and security industry, targeting military forces, defense material administrations, system integrators, and government entities. It focuses on the development, manufacture, and integration of rugged IT systems that meet the extreme demands of modern defense operations, providing both proprietary hardware and software solutions tailored to customer requirements. The company is publicly listed on Nasdaq Stockholm since 2021 and maintains a strong position as a premium provider of rugged electronics for mission-critical infrastructure globally.