HENSOLDT Achieves Order Intake of EUR 1.1 Billion Between October 2023 and January 2024
HENSOLDT, a leading sensor solutions provider, has reported an impressive order intake of approximately EUR 1.1 billion between October 2023 and January 2024. This growth trajectory reflects the company’s commitment to expanding its production capacities and meeting the increasing demand for its products.
All business units contributed to this success, with significant orders such as the German air defence system Nah- und Nahbereichschutz (LVS NNbS), commissioned in January, further procurements of the TRML-4D air defence radar, and orders for the radar of the Eurofighter, along with optical systems for armoured vehicles.
Christian Ladurner, HENSOLDT’s CFO, commented, “As is usual in our business, we received a large number of orders before and around the turn of the year. It clearly shows that we are fully on track with our growth targets.”
The LVS NNbS project, with an order value of nearly EUR 300 million, is particularly noteworthy. This system will provide the Bundeswehr with a cutting-edge solution to protect ground troops and safeguard command posts and properties against airborne threats. All business units within the HENSOLDT portfolio – Radar, Optronics, Spectrum Dominance, and Services – are involved in this project.
The demand for the TRML-4D air defence radar remains strong, with orders for more than 20 radars totaling around EUR 350 million received throughout the year.
Additionally, the development of the Eurofighter radar, with an order value of almost EUR 100 million, contributed significantly to the order intake in the fourth quarter. There was also notable demand for optics and self-protection systems for the Leopard and Puma armoured vehicles, contributing over EUR 60 million to the growth in the order backlog.
“In view of the growing international tensions, sensor solutions and electronic systems are indispensable for effective defense,” Ladurner emphasized. “We expect demand for these products to continue growing, and we are meeting this demand by systematically expanding our production capacities.”