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HENSOLDT Achieves Order Intake of EUR 1.1 Billion Between October 2023 and January 2024

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HENSOLDT Achieves Order Intake of EUR 1.1 Billion Between October 2023 and January 2024

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Hensoldt TRML-4D air defence radar
Hensoldt TRML-4D air defence radar

Sensor solutions provider HENSOLDT recorded an order intake of around EUR 1.1 billion between October 2023 and January 2024. All business units contributed to this. These include major orders such as the German air defence system Nah- und Nahbereichschutz (LVS NNbS) commissioned in January, further procurements of the TRML-4D air defence radar and for the radar of the Eurofighter and optical systems for armoured vehicles. With an order value of almost EUR 300 million, the LVS NNbS project plays a major role. This 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.

“As is usual in our business, we received a large number of orders before and around the turn of the year. It clearly shows that we are fully on track with our growth targets. Sensor solutions and electronic systems are indispensable for an effective defence. In view of the growing international tensions, we therefore expect demand for these products to grow, which we are meeting by systematically expanding our production capacities,” says HENSOLDT CFO Christian Ladurner.

511 Tactical

All business units from the HENSOLDT portfolio – Radar, Optronics, Spectrum Dominance and Services – are involved. This includes the internationally successful TRML-4D air defence radar, for which HENSOLDT received orders for more than 20 radars with an order value of around 350 million euros in the year as a whole. The development of the Eurofighter radar also accounted for a substantial proportion of the order intake in the fourth quarter, with an order value of almost 100 million euros. There was also strong demand for optics and self-protection systems for the Leopard and Puma armoured vehicles, which contributed over 60 million euros to the growth in the order backlog.

HENSOLDT is a leading company in the European defence industry with global reach. Based in Taufkirchen near Munich, the company develops complete sensor solutions for defence and security applications. As a technology leader, HENSOLDT drives the development of defence electronics and optronics and is continuously expanding its portfolio based on innovative approaches to data management, robotics and cyber security. With more than 6,400 employees, HENSOLDT achieved a turnover of 1.5 billion euros in 2021. HENSOLDT is listed on the Frankfurt Stock Exchange.

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