Annual rank52
Sweden · Industrials
MilDef
Provides rugged information-technology solutions and systems integration for customers in the defence industry.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Rugged computing, tactical cloud and systems integration
MilDef supplies computing and networking equipment for demanding military environments. Its offer runs from modular servers, switches, tablets and vehicle displays to OneCIS tactical-cloud software and full systems integration. The company works across vehicles, ships, command posts and dismounted users, then supports those systems through long military lifecycles. Its strategy is to combine hardware, software and services while expanding through local operations, partners and selected acquisitions.
Rugged compute and networking
Build a tactical rack from half-width modules
MilDef's 19-inch/2 format turns servers, switches, routers, storage and power into modular half-width building blocks that can sit in a standard rack, a half rack or directly on a platform. The CS1200 brings Xeon-based server computing to the tactical edge, while the ESW6100 provides ten rugged 10-gigabit ports for secure data, voice and video. The format is designed around long vehicle and aircraft lifecycles.
- Explore the 19-inch/2 concept Modular computers, networking, power and special electronics
- Open the CS1200 server Xeon computing, configurable storage and GPU options at the edge
- Inspect the ESW6100 switch Ten 10-gigabit ports for tactical data, voice and video
- ▶ VideoWatch the modular hardware film Official English-captioned MilDef explanation of the 19-inch/2 architecture
From vehicle to soldier
Move information from armoured vehicles to dismounted users
The DS16P is a 10.1-inch tablet with removable storage and configurable controls. The SH600 Soldier Hub links radios, batteries, sensors and end-user devices while managing data and power. VDS displays add programmable controls and video-over-Ethernet inside armoured vehicles. A Norwegian Army and Home Guard case shows why form-fit continuity matters: existing docking stations could be reused when older tablets were replaced, cutting the physical upgrade to about a minute per vehicle.
- Use the DS16P tablet A rugged 10.1-inch device with user-removable storage
- Connect the dismounted soldier SH600 data and power management for radios, sensors and devices
- Enter a GVA vehicle display Custom controls and video distribution for armoured platforms
- See the Norwegian tablet upgrade How reusable vehicle integration shortened a hardware refresh
Tactical software
Deploy a private cloud without a static data centre
OneCIS automates routing, switching, firewalls, core services and infrastructure-as-a-service for mobile commands and tactical units. Local services can keep running when communications fail; command-and-control, battlefield-management and geographic applications can be hosted only through a dedicated integration project. A Swedish Navy case records the earlier ship and command-post scope. A separate seven-year FMV framework signed in June 2026 now lets Army, Navy and Air Force units order OneCIS, related hardware, integration and lifecycle services; it is an ordering route, not a completed tri-service rollout.
- Open the Swedish FMV framework OneCIS, hardware, integration and lifecycle services across the three armed services
- Open OneCIS Automated tactical IT, private cloud and NATO FMN readiness
- Read the Swedish Navy case The earlier Navy-specific selection and intended ship and command-post scope
- ▶ VideoWatch OneCIS deploy at the edge Official English-captioned MilDef film on automated tactical services
Integration and European scale
Turn components into platform-specific systems
MilDef's integration work spans pre-study, design, installation, testing, documentation, training and lifecycle support. The range is visible in a bespoke two-operator console developed with UMS Skeldar for the V-200 unmanned helicopter. The group operates through subsidiaries in eight countries and uses local sales companies plus partners in priority markets. Its completed 2025 acquisition of roda computer GmbH strengthened MilDef's European presence and added important market channels as the portfolio moves beyond hardware toward software and services.
- Follow a systems-integration project From pre-study and design to training and lifecycle support
- Enter the V-200 operator console A two-person workspace developed with UMS Skeldar
- Map MilDef's operating footprint Subsidiaries across the Nordics, Europe, the United States and Australia
- Read the growth strategy Hardware, software, services, partners and acquisitions
- Understand the roda acquisition The completed transaction and its European market-channel logic
Official profile sources: About MilDef - A leading provider of tactical IT solutions
Current 2026 update
What is changing at MilDef in 2026?
The 2026 evidence shows MilDef moving from rugged devices towards complete tactical systems, using OneCIS and acquired local channels while expanding production for larger delivery programmes.
The change in one sentence
OneCIS, roda and a larger Fortress are turning products into repeatable delivery systems.
Sweden gains an integrated software-hardware ordering route, Germany orders through roda, and a record NATO hardware order tests the planned production build-out.
Four lenses on 2026
The same four-quadrant format used in the Company profile.
01 · From products to systems
Sweden can order OneCIS, hardware and lifecycle support through one framework
MilDef says customers increasingly want proven system solutions rather than individual products. A seven-year agreement signed with Sweden's Defence Materiel Administration, FMV, on 26 June packages OneCIS, related hardware, integration and lifecycle services for command-and-control support. Swedish Army, Navy and Air Force units may order under the route; an initial OneCIS licence order was placed, but its value was not disclosed. The SEK 1.5 billion headline is a potential ceiling, not committed revenue. Q2 sales mix moved in the same direction: faster growth in systems, integration and software helped lift gross margin to 51.9% from 46.0%.
- Current signalSeven-year FMV route · initial OneCIS licence order, value undisclosed · SEK 1.5bn potential ceiling
- Why it mattersOneCIS is becoming the software core of a full hardware, integration and service offer rather than a standalone product sale.
- Swedish FMV system framework MilDef · 26 June 2026
- Q2 system mix and capacity MilDef · 16 July 2026
02 · Germany through roda
An acquired German channel produces a firm Bundeswehr call-off
roda computer GmbH, the German supplier acquired by MilDef in 2025, signed a seven-year extension with procurement authority BAAINBw for Bundeswehr material during 2026–2032. The scope covers computers, displays and network infrastructure for command and control in German military vehicles and defence programmes. The release reports a firm initial call-off of EUR 95.4 million, about SEK 1.1 billion, with deliveries from late 2026 through 2027. The EUR 527 million headline, about SEK 5.8 billion, is only the framework maximum; it does not commit the customer to place the balance.
- Current signalroda firm call-off EUR 95.4m · deliveries late 2026–2027 · EUR 527m non-committed ceiling
- Why it mattersThe 2025 acquisition gave MilDef an established local supplier relationship in Germany, but only firm call-offs should be treated as secured business.
- roda acquisition and German channel MilDef · 28 February 2025
- Bundeswehr framework and call-off MilDef · 21 July 2026
03 · Vehicles and production
NATO delivery now meets two separate factory-expansion timelines
Under a 20-year framework signed in 2022, an unnamed NATO country’s government agency placed MilDef’s largest hardware order to date, about SEK 553 million, for vehicle-based tactical IT with deliveries expected in 2027. In Helsingborg, MilDef has begun adding 6,000 square metres to its Fortress headquarters for production, warehousing, offices and a showroom; the combined site is planned to exceed 10,000 square metres by autumn 2027. Separately, on 15 September MilDef announced an additional 7,600 square metres at its Rosersberg integration site north of Stockholm, including about 4,500 square metres of production space. That extension is scheduled to become operational in Q1 2028, taking Rosersberg to just over 14,100 square metres. Neither project is completed capacity today; electronic-component lead-time and price pressure remain execution risks.
- Current signalSEK553m firm order for 2027 · Helsingborg due autumn 2027 · Rosersberg due Q1 2028
- Why it mattersVehicle-scale delivery depends on two different capacity programmes coming online, while the order and framework, building dates and actual output remain distinct.
- MilDef 2026-07-13
- MilDef 2026-07-16
- MilDef 2026-09-15
04 · What to watch
Three questions for the next disclosures
The next disclosures should separate framework potential from firm orders and show whether software, local channels and production capacity convert into on-time delivery.
- Swedish system rolloutWhich Army, Navy and Air Force units place firm orders under the FMV framework, and how much remains software-led rather than hardware-led?
- German conversionHow much of the EUR 527 million Bundeswehr ceiling becomes firm beyond roda's initial EUR 95.4 million call-off?
- Capacity and 2027 deliveryCan MilDef execute the NATO-country and Bundeswehr programmes while completing Helsingborg Fortress by autumn 2027 and Rosersberg by Q1 2028, with component supply managed?
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 52 | +185% | +975% | +50% |