Fjord Defence Group ASA - Fjord Defence AS receives order for vehicle mounts product series from a client in a NATO country

Oslo, 25 March 2026 Fjord Defence Group ASA is pleased to announce that its wholly owned subsidiary, Fjord Defence AS, has secured a new order for its vehicle mounts product series. The order is part of an existing frame agreement and has been placed by a long-term client in a NATO country and has a total contract value of approximately NOK 10 million. Delivery of the equipment is scheduled to take place during 2026.

Fjord Defence AS’ CEO Harald Lunde comments: “Securing follow-up orders from existing customers is a strong validation of the quality, innovation and user focus that define our products. We are proud to support the defence capabilities of our allies and look forward to delivering on time in 2026. This contract further strengthens our order backlog and confirms the positive momentum we are experiencing across the Group.

This order reflects the strong positive developments in the European and NATO market for military vehicles, where record-high defence spending and accelerated fleet modernisation programmes are driving demand growth for tactical vehicles, armoured platforms and associated weapon-integration systems. With EU defence expenditure reaching approximately €381 billion in 2025 and NATO members continuing to prioritise land-force capabilities, the outlook for suppliers of specialised vehicle equipment remains highly favourable.”

Fjord Defence AS is well positioned to benefit from this trend through its lightweight, recoil-dampened skate mounts, which are specifically designed for quick and stable integration of machine guns on logistic, patrol and special-forces vehicles.

This order is in line with Fjord Defence Group ASA’s strategy to grow its portfolio of niche defence suppliers through both organic growth and targeted acquisitions.

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.

This information is subject to the disclosure requirements pursuant to Article 7 of the Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.