Press releases worldwide
Kitron expands services with a major existing customer to cover production of battery management systems. The new award initially covers 2022 to 2025 and is valued at NOK 150 million. Production will take place at Kitron’s plant in Poland. The award […]
Kitron has been awarded a development contract to update a F-35 test program set (TPS) and provide a repair capability for Kitron and a United States Government (USG) Depot. The contract is for a three-year development program, with a total […]
The Board of Directors of Kitron has today resolved a dividend of NOK 0.50 per share. Kitron has historically paid annual dividends pursuant to resolutions by the annual general meeting. As a result of the corona pandemic during first half […]
MedAvail Technologies has chosen Kitron to produce automated medication dispensing equipment for pharmacies and hospitals. The contract has a potential value of USD 50 million over a three-year period, with an extension option. Production will take place at Kitron’s newly […]
On 10 July 2020, the board of directors of Kitron ASA resolved to issue 1,400,000 options to senior management, whereof 150 000 options are re-allocated from Subprogram A (2019-2022) and 1,250,000 options are from Subprogram B (2020-2023). The options are issued […]
Kitron today reported strong growth and record profit for the second quarter driven by Defense/Aerospace, Medical devices and Industry sectors. Kitron’s revenue for the second quarter was NOK 1 041 million, an increase of 21 per cent compared to last year. […]
Northrop Grumman Corporation (NYSE: NOC) has awarded Kitron a contract for production of Integrated Communications, Navigation and Identification (ICNI) modules for the F-35 Lightning II program. Deliveries will secure a backlog into 2021 and have a total value of more […]