Fjord Defence Group ASA: PartnerTech Karlskoga Secures Long-Term Agreements with Major Defence OEM

Oslo, 21 September 2026 Following its acquisition by Fjord Defence Group ASA (“Fjord Defence Group” or the “Company”), PartnerTech Karlskoga AB (“PartnerTech”) has signed a 5-year Strategic Collaboration Agreement and an extended 10-year Framework Agreement with a key global defence customer for the development, prototyping, and series production of high-precision military components.

Acquired by Fjord Defence Group in August 2026, PartnerTech is a leading Swedish manufacturer of strategic high-precision metal components for global defence OEMs. Tracing its heritage back to the 17th-century Bofors industrial cluster, PartnerTech operates production facilities in Karlskoga, designated a protected security facility under Swedish defence law, employing approximately 250 full-time employees. The company specializes in full-lifecycle manufacturing, spanning advanced engineering to serial delivery and testing in specialized alloys such as titanium, high-grade aluminium, and copper. Approximately 92% of PartnerTech's product portfolio is covered under Swedish Inspectorate of Strategic Products defence export licenses.

Magnus Blomgren, CEO of PartnerTech Karlskoga AB, commented: "This agreement marks a major milestone in our long-standing partnership. By expanding our collaboration to a 10-year horizon in connection with Fjord Defence Group’s ownership, we are solidifying a strong, deep-rooted operational relationship built over decades of close cooperation. Having a clear, long-term horizon allows us to align our production capabilities directly with our customers’ long-term roadmap and jointly deliver critical capacity to meet expanding global demand."

Jon Asbjørn Bø, CEO of Fjord Defence Group ASA, added: "Securing a long-term relationship with world-class defence OEM right out of the gate directly validates our strategic thesis for acquiring PartnerTech. Establishing such an extended runway reinforces PartnerTech’s position as a cornerstone within the Nordic defence industrial base while perfectly illustrating Fjord Defence Group’s compounder strategy of backing high-performing, autonomous platform companies with long-term capital."

For further information, please contact: Jon Asbjørn Bø, CEO JAB@fjorddefence.com +47 930 86 932 ABOUT FJORD DEFENCE GROUP ASA Fjord Defence Group ASA ("DFENS") is a Norwegian "compounder" listed on Euronext Oslo Børs seeking to acquire and develop fast-growing, profitable, and well-run companies in the defence industry. The company has a buy & build strategy, with focus on acquiring established, profitable businesses within the defence, security and related segments. More information on www.fjorddefencegroup.com.