TMCnet News
Sweden's Consilium AB wins NOK4m navigation equipment order from Indian navy(Nordic Business Report Via Acquire Media NewsEdge) Swedish marine systems maker Consilium AB (OMX Stockholm:CONS B) said on Wednesday (18 February) that it has won an order for navigation equipment from the Indian navy. The order, valued at over SEK4m, covers navigation products based on Consilium's Selux radar for three vessels under construction for the Indian navy at the Mazagon shipyard in Mumbai. The equipment will be delivered during 2009-2011. Consilium, headquartered in Nacka, Sweden, develops fire & gas detection systems and navigation equipment. The company has 400 employees and annual sales of SEK900m. One British pound (GBP) is worth approximately 12.16 Swedish kronor (SEK). ((Comments on this story may be sent to [email protected])) Copyright ? 2009 M2 Communications Ltd. |