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on Cicor Technologies Ltd (isin : CH0008702190)

Cicor Secures Key Defence Contracts and Expands Operations

Cicor Technologies Ltd has landed two significant multi-year defence contracts, solidifying its presence in the European aerospace and defence sector. One of these contracts comes from a new client, promising revenues of approximately CHF 20 million in 2027. Production for these contracts will occur in France and the UK, enhancing Cicor's influence in these markets.

The company has also completed the acquisition of a Malaysian manufacturing site, aligning with their strategic supply agreement with EDMI. This acquisition is forecasted to add over USD 50 million in annual revenue, bolstering Cicor's manufacturing capabilities in Southeast Asia.

Cicor's strategy reinforces its multi-geography approach, supporting a diverse clientele. The company's book to bill ratio of 1.17 in the first nine months of 2026 highlights a strong foundation for organic growth in the coming year.

R. P.

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