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News  ›  GlobeNewswire Inc.

THEON signs the largest contract ever for 100,000 NVGs with OCCAR, valued at c.€1 billion

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Theon International Plc
THEON signs the largest contract ever for 100,000 NVGs with OCCAR, valued at c.€1 billion

THEON International Plc signed a €1 billion contract revision with OCCAR to supply 100,000 Night Vision Goggles to the German Bundeswehr and 4,000 NVGs to the Belgian Armed Forces, significantly expanding its backlog to €2.4 billion through 2029.

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HAGHY   positive

Part of the consortium winning the contract, expanding joint facility in Germany and tripling employee count