
September 23, 2008: INTRACOM Defense Electronics, a subsidiary of INTRACOM Holdings, signed a new € 8.5 mil. contract with the Hellenic Ministry of Defense, for the procurement of VHF radios and their requisite ancillaries. The two-year contract will cover Hellenic Army’s operational requirements in main units and spare parts.
The VHF radios belong to the new and most modern version, V3 (PR4G F@stnet) and offer a high level advanced communications interconnection of vital importance in the modern digital battlefield. INTRACOM Defense Electronics will manufacture the radios solely at its sites, leveraging the successful industrial cooperation with French company THALES Communications, which is the most prominent European partner in the field of tactical communications. During the contract INTRACOM Defense Electronics will allocate significant subcontracting work to other Hellenic companies, thus achieving a high percentage of local added value.
The contract for the manufacturing of V3 VHF radios covers the main tactical communication needs of the Hellenic Armed Forces with locally produced equipment, expanding the long-term and successful cooperation between the Hellenic Ministry of Defense and INTRACOM Defense Electronics, the largest defense electronics systems manufacturer in Greece.