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Knowit AB ( (SE:KNOW) ) has provided an announcement.
Knowit’s defence-focused subsidiary, Knowit Defence Technology, has secured a two-year extension of seven framework agreements with the Swedish Defence Materiel Administration (FMV) for work on naval command systems, reinforcing the consultancy’s long-standing position as a key technology partner to Sweden’s defence and security sector. The decision, which includes the possibility of further extensions that could keep the agreements in force through 2029 and 2030 if all options are exercised, underlines FMV’s continued confidence in Knowit’s expertise in communication, situational awareness and interoperability, and strengthens the company’s role in both national and international defence collaborations.
The most recent analyst rating on (SE:KNOW) stock is a Hold with a SEK109.00 price target. To see the full list of analyst forecasts on Knowit AB stock, see the SE:KNOW Stock Forecast page.
More about Knowit AB
Knowit AB is a Nordic digitalization consultancy that supports clients in transforming their business models through digital services and innovation. Operating across four business areas – Solutions, Experience, Connectivity and Insight – the group provides bespoke system development, digital customer experience solutions, IoT, cloud, cybersecurity and management consulting. Founded in 1990, Knowit has about 3,800 employees primarily in the Nordic region, with additional operations in Poland, Serbia and Germany, and its shares are listed on Nasdaq OMX Stockholm Mid Cap.
Average Trading Volume: 52,214
Technical Sentiment Signal: Sell
Current Market Cap: SEK3.15B
For an in-depth examination of KNOW stock, go to TipRanks’ Overview page.