W5 Solutions confirm 5-year MSEK 500 framework agreement with European defence agency
As communicated on the 3rd of July, W5 Solutions has been awarded a framework agreement regarding generator sets worth MSEK 500. The agreement spans over five years, with an initial order of approximately MSEK 100. With the appeal period now closed, W5 Solutions can today confirm the signing of this framework agreement which marks a significant milestone for W5 Solutions product area Genset.
This agreement represents a breakthrough for W5 Solutions, underscoring the role as a trusted power supplier capable of meeting the highest technical standards and ensuring secure, reliable power supply. The gensets are designed to meet the rigorous demands of defence operations, providing reliable and continuous power in the most challenging conditions. Under the terms of the agreement, the maximum volume is set to reach MSEK 500 over a period of five years. The initial order, valued at approximately MSEK 100, is scheduled to be placed in August.
"This is a great moment for W5 Solutions. Securing this agreement not only validates the quality and reliability of our gensets but also demonstrates our capability to meet the most demanding technical and security standards. We look forward to a long and successful partnership," says Evelina Hedskog, President and CEO of W5 Solutions.