Nordic Compass Summit: Patria leads initiative for a new Nordic defence industry model
At the Nordic Compass Summit in Gothenburg on 5 November, Nordic business leaders presented the first concrete initiatives developed across four tracks: Capital Markets, Deep Tech, Defence and Energy. As part of the Defence Track, Ericsson, Kongsberg, Nokia, Patria, Saab and Terma are joining forces to help build Nordic defence capabilities: faster, across borders and with security of supply. The Nordic Compass Defence Statement was published during the Summit.
The Defence Track focuses on four specific initiatives: federated Nordic space defence capabilities; protecting critical maritime infrastructure; a borderless Nordic digital backbone; and a new Nordic defence industry model. Patria is leading the work on the new Nordic defence industry model.
“Our defence forces need capabilities faster, and closer Nordic cooperation must help deliver them. The Nordic countries spend at record levels and co-operate more than ever, yet still run five separate, somewhat differently implemented, defence acquisition chains. Patria is leading the work on a new Nordic defence industry model to support easier cooperation from development and procurement through to sustainment, with the needs of our defence forces at its core,” says Panu Routila, Patria’s President and CEO.
Today, requirements, certification and procurement run in five separate national chains, and industry has no joint demand signal to invest against. To deliver with the urgency the situation demands, faster and at lower cost, the initiative aims to develop one end-to-end Nordic acquisition chain in which what is tested, certified or bought in one country is valid across all participating Nordic countries, with national decision rights intact, so that new capability reaches users in months, not years.
The initiative proposes four first steps: a rapid-prototyping defence innovation environment backed by a buyers' club, mutual recognition of certification, a joint Nordic capability roadmap, and a pilot framework contract that pays for production capacity.
Read the full statement: Nordic Compass Defence Statement
Media enquiries and further information:
Nordic Compass: www.nordiccompass.org
Sirje Ahvenlampi-Hyvönen, Vice President, Group Communications, Patria, tel. +358 50 557 3822, [email protected]
Patria is a modern and international defence and technology company with over 100 years of experience. Through our top-notch experts and Protected Mobility, Defence and Weapon Systems and Sustainment Solutions business areas, we ensure reliable operations for our customers and serve as a partner in critical functions on land, sea and air – when if is not an option. Patria’s operating countries include Finland, Sweden, Norway, Latvia, Belgium, the Netherlands, Germany, Poland, Slovakia and Japan.
Patria is owned by the State of Finland (50.1%) and Norwegian Kongsberg Defence & Aerospace AS (49.9%). Patria owns 50% of Nammo, and together these three companies form a leading Nordic defence partnership.
www.patriagroup.com
