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Etteplan signs framework agreement with BAE Systems Bofors AB

Press release – Published: 24.02.2016 9:00:00

Etteplan has signed a framework agreement with BAE Systems Bofors AB and covers services within systems development, electronics, mechanics, project management, testing, security and technical documentation. All companies within the entire BAE group have the opportunity to take advantage of the services. The framework agreement covers 2 years up to and including 2017.

The purpose of the framework agreement is to regulate and facilitate the cooperation between the parties and shall ensure expertise for the development efforts which are not covered by BAE System’s own staff.

– With a local presence, Etteplan can offer BAE Systems specialist expertise in the places where expertise is requested. As a high-tech company, BAE Systems is a very important customer for us, and therefore it is very gratifying that we in the face of tough competition have been entrusted as a selected supplier. The signing of the framework agreement confirms Etteplan’s position as one of the leading technology consulting companies, says Mikael Vatn, SVP Operations Sweden, Etteplan.

Etteplan in brief

Etteplan provides engineering services and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2015, Etteplan had turnover of EUR 141.1 million. The company currently has about 2,100 professionals in Finland, Sweden, the Netherlands, Germany and China. Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ETT1V ticker.