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Bulten’s EXIM Singapore Wins SEK 21 Million Defence Kitting Contract

Story Highlights
  • EXIM Singapore landed a SEK 21 million contract to supply specialised military vehicle powertrain kit sets using a vendor-managed inventory model.
  • The deal supports Bulten’s expansion into new verticals and value-added C-parts distribution, strengthening growth prospects and profitability focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bulten’s EXIM Singapore Wins SEK 21 Million Defence Kitting Contract

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Bulten AB ( (SE:BULTEN) ) has shared an update.

EXIM Singapore, part of Sweden-based fastener specialist Bulten Group, has secured a SEK 21 million contract to supply specialised kit sets to a Singapore defence contractor for military vehicle powertrain systems. The programme covers 51 kitting configurations and roughly 125 unique parts, with all kitting handled at EXIM Singapore’s distribution centre under a vendor-managed inventory model to streamline supply and boost delivery precision.

The contract underscores Bulten’s strategic push to grow its distribution business and expand within C-parts distribution by offering value-added services such as kitting, inventory management, and integrated supply chain solutions. Management frames the deal as an example of diversification into new industry verticals beyond traditional automotive applications, reinforcing Bulten’s position in selected growth segments and supporting its long-term profitability ambitions.

Bulten sees EXIM Singapore’s capabilities in kitting and vendor-managed inventory as a key lever to provide more integrated, higher-margin solutions rather than just components. While the current order totals SEK 21 million, the company notes that further orders may follow over time, suggesting potential for a deeper foothold in defence-related supply chains and additional revenue streams in the medium term.

The most recent analyst rating on (SE:BULTEN) stock is a Buy with a SEK58.00 price target. To see the full list of analyst forecasts on Bulten AB stock, see the SE:BULTEN Stock Forecast page.

More about Bulten AB

Bulten Group is a global manufacturer and distributor of fasteners serving the automotive sector and other industries such as consumer electronics. Its offer ranges from standard to specially adapted fasteners, complemented by a Full Service Provider concept that covers development, sourcing, logistics, and service for customers worldwide.

Founded in 1873 and headquartered in Gothenburg, Sweden, Bulten employs around 1,700 people and reported net sales of SEK 5,045 million in 2025. Exim & Mfr Enterprise, including EXIM Singapore, has been part of Bulten Group since 2023, and the company’s shares are listed on Nasdaq Stockholm under the ticker BULTEN.

Average Trading Volume: 67,845

Technical Sentiment Signal: Sell

Current Market Cap: SEK1.01B

Find detailed analytics on BULTEN stock on TipRanks’ Stock Analysis page.

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