Business · Companies · 11 hrs ago
Cicor wins two multi-year defence contracts
Swiss electronics components maker Cicor has won two multi-year defence contracts.
The company expects the new programmes to bring in nearly 20 million Swiss francs in revenue in 2027.
Production will take place at Cicor sites in France and the UK.
The contracts add to earlier orders and are expected to support Cicor’s organic growth.
They strengthen its position in France’s aerospace and defence market and its UK market leadership.
Cicor has also completed the purchase of a production site in Senai, Malaysia, and says a supply agreement with EDMI is expected to add more than 50 million dollars in annual revenue.
Cicor has won two major multi-year defence contracts.
The company expects the programmes to generate nearly 20 million Swiss francs in revenue in 2027.
Production for the new programmes will take place at Cicor sites in France and the United Kingdom.
Cicor said the contracts would strengthen its position in France’s aerospace and defence market and expand its leading position in the UK.
The company also completed its previously announced acquisition of a production site in Senai, Malaysia.
- Who
- Cicor, an East Swiss manufacturer of electronic components, won the contracts.
- What
- It secured two major multi-year defence contracts.
- When
- The contracts were announced on Monday, November 9, 2026.
- Where
- Production will take place in France and the United Kingdom.
- Why
- The contracts are expected to support organic growth in 2027 and strengthen Cicor’s market positions.
This story does not have two clearly opposing sides.
Cicor announced the planned acquisition of a production site in Senai, Malaysia.
Cicor reported a book-to-bill ratio of 1.17.
Cicor announced two new defence programmes and completed the Senai acquisition.
Cicor expects the new programmes to generate nearly 20 million Swiss francs in revenue.
- New contracts
- Two major multi-year defence programmes
- Expected 2027 revenue
- Nearly 20 million Swiss francs
- Production sites
- France and the United Kingdom
- Book-to-bill ratio
- 1.17 at the end of September
- Senai acquisition
- Production site in Malaysia
- EDMI agreement
- More than 50 million dollars in additional annual revenue