|Toulon, May 4th 2020, 6:00 p.m.|
ECA Group has been awarded a significant export contract to modernize robots dedicated to naval mine warfare.
This contract, worth around € 20 million will last over 48 months and will allow to modernize the mine clearance capacities of the customer, a Navy, in order to improve their performance against sea mines. The evolution of the mine threat in maritime areas is a current and growing concern for many countries.
For 50 years, ECA Group has been supplying navies all around the world with unmanned systems for underwater mine clearance. The contract awarded in 2019 by the Belgian and Netherlands navies, for the renewal of their mine countermeasure capacities with innovative drone systems, has confirmed ECA Group's innovation capacity over the decades.
This new modernization contract confirms ECA Group's capacity to push forward existing underwater mine clearance systems and bring them closer to the performance of the most recent ones. ECA Group is particularly proud of the trust placed in its expertise and solutions by navies worldwide. A trust renewed by this client already equipped with ECA Group drones for several decades.
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Recognized for its expertise in robotics, automation systems, simulation and industrial processes, ECA Group has been developing complete, innovative technological solutions for complex missions in hostile and confined environments since 1936. Its product offering is designed for an international client base that is demanding, both in terms of safety and effectiveness. The Group's main markets are in the defense, maritime, aeronautics, simulation, industrial and energy sectors.
In 2019, the Group reported revenue of €112.5 million across its two divisions: Robotics and Aerospace.
ECA Group is a Groupe Gorgé company.
The ECA Group is listed on Euronext Paris Compartment B.
ISIN Code: FR0010099515 | Ticker Code: ECASA – Bloomberg Code: ECASA
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Full and original press release in PDF: https://www.actusnews.com/news/63337-eca-group-wins-a-new-contract-worth-around-euro-20m-in-naval-mine-countermeasures.pdf