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Scanfiber Secures Major NATO Order for Ballistic Protection

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Scanfiber Secures Major NATO Order for Ballistic Protection

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Carbon Transition ASA ( (DE:S5B0) ) has provided an announcement.

Scanfiber Composites A/S, a specialist in ultralight ballistic protection composites, has secured a significant order for Spall Liners from a NATO member country, valued at NOK 8.85 million. This order enhances Scanfiber’s position in the European and NATO defense markets, showcasing its expertise in developing high-performance materials and supporting Fjord Defence Group ASA’s commitment to providing advanced protective technologies to NATO allies.

More about Carbon Transition ASA

Fjord Defence Group ASA is a Norwegian company listed on Euronext Oslo Børs, focusing on acquiring and developing fast-growing, profitable companies in the defense industry. The company employs a buy & build strategy, targeting established businesses within the defense, security, and related segments.

Average Trading Volume: 44,373

Current Market Cap: NOK528.9M

For a thorough assessment of S5B0 stock, go to TipRanks’ Stock Analysis page.

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