The contract between Nammo Lapua Oy and The Finnish Army Materiel Command was signed on April, 23rd. The contract covers deliveries of various ammunition products to the Land Forces in 2009-2012. The contract value is approx. 70 MEUR, additional options not included.
This agreement strengthens Nammo's position as a strong player in the ammunition industry in Finland, utilizing the expertise in Finland as well as in the overall Nammo Group. This agreement is a continuation of previous multiyear contracts.
”This is a very important contract, giving Nammo Lapua Oy an opportunity for more sustained development of operations both financially and quality wise. This improves the foundation for operations not only internationally, but also for efficient industrial activities in Finland" says Raimo Helasmäki, President of Nammo Lapua Oy.
”The contract signed today is a natural continuation of the long co-operation between Nammo Lapua Oy and AMC HQ" says the Chief of System Division, Col Mikko Myllykangas. "At the same time the contract strengthens the domestic expertise and creates possibilities in the international markets. Nammo Lapua Oy is able to utilize the know-how of its complete network as a reliable domestic operator"
The contract creates a good and solid base for the work-load in Nammo’s facilities both in Lapua and in Vihtavuori over the next years.
The Nammo Group
The Nammo Group is an international defense group specialized in design and production of ammunition products, shoulder fired weapon systems, missile and space propulsion systems and demilitarization services. The Nammo Group employs 1800 people in 7 countries.
Nammo Lapua Oy has facilities in Lapua and Vihtavuori and offices in Tampere and Vantaa and employs more than 200 people in Finland. Nammo Lapua Oy is part of the Nammo Group.
For further information, please contact:
President, Nammo Lapua Oy
Executive Vice President, Small Caliber Division, Nammo Group
Tel: +358 50 3111 070
Vice President, Nammo Lapua Oy
Tel: +358 500 864 485
Vice President Communication, Nammo Group
Tel: +47 61 15 22 42