Systematic Software Engineering wins lucrative Finnish defence contract  

2007.07.17
Denmark’s largest privately-owned software company has won a DKK 65 m order to supply command and control system to the Finnish military
Aarhus-based Systematic Software Engineering, Denmark’s largest privately-owned software company, has won a competitive DKK 65 m (USD 12 m) order to supply its off-the-shelf Systematic SitaWare command and control system to the Finnish military. The company is immediately establishing a Finnish subsidiary to coordinate the customizing and implementation of the product, which complies with all international standards and is built to meet the requirements of the world's leading military organizations.

The order represents a milestone for Systematic Software Engineering, which directly bid for the project against the biggest names in the defence industry, including Sweden's Saab, Norway's Kongsberg, France's Thales and the Europe's EADS. MD Michael Holm commented: "The military the world over is tired of expensive special solutions. They want cheaper standard solutions which still have a high quality. That is what we can supply."
 
Lt. Col. Jukka Kauppila from the Finnish Army Command said: "We needed a system that would be fully operational in a relatively short time span and the off-the-shelf aspect of Systematic SitaWare meant that we received a system that is not only robust, but can also be implemented immediately."
 
After a dip in its fortunes following the loss of a US order in 2004, Systematic Software Engineering is once again forging ahead. The company has taken on 100 staff over the last 12 months, and plans to employ a further 50 following the Finnish order.
 
Revenues for 2006/7 are forecast to rise 26% to DKK 330 m (USD 60 m) compared with DKK 262 m (USD 48 m) last year. The news was reported by financial daily newspaper Børsen and on Systematic Software Engineering's website.
 

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