Order intake in the billion euro range in the first half of the year

July 22, 2024

Order intake in the billion euro range in the first half of the year

Company receives important orders and continues its growth

Taufkirchen/Germany, 22 July 2024 - Sensor solutions provider HENSOLDT recorded an order intake of well over one billion euros in the first half of the year. Major orders such as the German "Air Defence System, Short- and Very Short-Range", or LVS NNbS, commissioned in January and the massive support for the German air defence initiative ESSI (European Sky Shield Initiative) played a large part in this. "We continued to fill our order book in the first half of the year and are thus continuing our growth trajectory," says HENSOLDT CFO Christian Ladurner.

With an order value of almost 300 million euros, the LVS NNbS project plays an important role. It will provide the Bundeswehr with a state-of-the-art system to protect ground troops in action and to safeguard command posts and properties against threats from the air. All business units from the HENSOLDT portfolio - Radar, Optronics, Spectrum Dominance and Services - are involved. As part of an order from Diehl Defence worth more than 100 million euros, HENSOLDT is also supplying its high-performance TRML-4D radars, including a maintenance and training package, to Latvia and Slovenia. In addition, Rheinmetall Air Defence has commissioned HENSOLDT to supply 70 SPEXER air defence radars for use in the new Skyranger 30 anti-aircraft gun tank (FlakPz). The order is worth a further 100 million euros.

In addition, support for Ukraine continues to take centre stage. HENSOLDT is once again equipping helicopters of the Ukrainian armed forces with state-of-the-art detection and self-protection sensor technology. The order includes further AMPS (Airborne Missile Protection System) self-protection solutions. The order value is in the double-digit million range. "Sensor solutions and electronic systems are indispensable for effective defence," says HENSOLDT CFO Christian Ladurner. "We now have over 80 radars under contract for ESSI alone. With the acquisition of ESG, we are accelerating the development of HENSOLDT as a solution provider and expect significant order intake in the second half of the year."

About HENSOLDT

HENSOLDT is a leading company in the European defence industry with a global reach. Based in Taufkirchen near Munich, the company develops complete sensor solutions for defence and security applications. As a system integrator, HENSOLDT offers platform-independent, networked solutions. Being a technology leader, the company is also driving forward the development of defence electronics and optronics and is continuously expanding its portfolio based on innovative approaches to data fusion, artificial intelligence and cyber security. In 2023, HENSOLDT achieved a turnover of 1.85 billion euros. Following the acquisition of ESG Group, the company employs around 8,000 people. HENSOLDT is listed on the Frankfurt Stock Exchange in the MDAX.

Press contact:
Joachim Schranzhofer
Tel.: +49 (0)89 51518 1823
Mail: [email protected]

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