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Patria will sell its Sastamala ammunition production facility to Lapua Oy. With this contract in effect, the production of heavy ammunition components will continue in Sastamala. Nammo will take ownership of the Sastamala production facility, providing employment to a substantial proportion of the personnel now engaged in production. [...]

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Patria has signed The United Nations’ Call to Action: Anti-Corruption and the Global Development Agenda .Through the Call to Action companies ask Governments to promote anti-corruption measures and implement robust policies for good governance. [...]

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Patria handed over the first modernised XA-180 armoured personnel carrier to the Finnish Defence Forces. It is a pre-series vehicle, based on which the actual series of 70 vehicles will be modernised during 2015-2017. The contract also includes an option, whose implementation would extend to 2021, for the modernisation of 210 vehicles. [...]

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Patria continues the planning and preparations concerning relocating its Patria Pilot Training operations. There have been discussions with stakeholders in order to find a new location. This is due to the decision of the State of Finland to close the Helsinki-Malmi Airport by September 2016. The area returns to the City of Helsinki in the beginning of 2017, at latest, and it is to become a residential area in the beginning of 2020. [...]

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Patria will launch a new communication product, CANDL, Compact Airborne Networking Data Link, at MILCOM 2014 held October 6-8th in Baltimore, MD, USA. Designed for communications requiring high reliability such as UAS payload data and C2, CANDL provides 8Mbps data rate with additional safety features for C2, dynamic IP networking communication, motion video and digital voice capability all integrated in one SDR based compact airworthy terminal. [...]

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2013 was a year of strong growth for Patria. There was a clear improvement in net sales and profitability remained on a good level. Growth in new orders was however moderate, which will affect Patria’s development over the next few years. [...]

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The Patria Group's result for the first half of the financial period corresponded to expectations. Net sales were EUR 362.7 million, compared to EUR 324.7 million in the previous year, which equals a growth of 11.7%. Similarly, operating profit rose to EUR 27.5 million (7.9%) from EUR 23.8 million (7.3%) in 2012. The Group's equity ratio was 44.6% (42.6%). Net gearing was 20.6%, compared to 23.8% in 2012. [...]

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The Annual General Meeting of Patria Oyj adopted the Consolidated Financial Statements for the financial period that ended on 31st December 2012. It was also decided to discharge the members of the Board of Directors and the President from liability for the financial period of 2012. Furthermore, the Annual General Meeting decided, according to the Board of Directors’ proposal, to distribute a dividend of EUR 0,50 per share, totally EUR 19 012 424. [...]

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Patria’s annual report 2012 and financial statements 2012 have been published on the companys’s website www.patria.fi. Patria’s annual report consists of three different parts, which complement each other: Annual Report, Financial Statements and Corporate Responsibility Progress report. [...]

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2012 was a year of profitable growth for Patria. There was a clear improvement in the company’s net sales and profitability. The order stock accumulated over the previous years created a solid foundation for last year’s positive result, and almost all of the financial targets set for 2012 were achieved. [...]

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Patria AMV, the global market leader of modern armoured wheel vehicles, has been joined by another Patria mortar system. As a result of recent export deals, Patria Nemo, a 120mm mortar system, has also gained the market leader position in turreted mortar systems. [...]

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European Space Agency E`SA has provided research and development guidance to Finnish company Patria, with the help of Tampere University of Technology, in designing a search and rescue radio antenna that can be sewn into a life vest. Made from highly flexible, lightweight material that is robust against water exposure and moist conditions, and resistant to wear and tear, this special antenna has been designed for use by the Cospas-Sarsat worldwide search and rescue satellite system. [...]

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Patria presents its aerospace competences at Paris Air Show June, 20-24th 2011. Especially Patria’s Pilot Training and Avionics Engineering capabilities are showcased with a flight procedure trainer as well as advanced composite technology at Patria’s booth, Hall 4 Booth D4. [...]

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Events 2014

Exhibition participation by Patria Group

 

 

AOC Electronic Warfare 2014, 

Kuala Lumpur, Malaysia

10 -11 March, 2014

 

Eurosatory,

Paris, France

16 - 20 June, 2014

 

 

Patria sepakers in events

 

 

Lean Institute France: European Lean IT Summit 2014, Sari Torkkola         

 

Talentum: How to prevent fraud, Helsinki

Sirpa-Helena Sormunen

 

Merilampi Attorneys Ltd:

Anti-Bribery Seminar, Helsinki

Sirpa-Helena Sormunen

16.-17.10.2014

 

 

25 -26 March, 2014

 

 

26.5.2014

 

Talentum: COMPLIANCE

2014, Helsinki

Sirpa-Helena Sormunen                         3-4.6.2014

 

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