Bittium Wireless Ltd (HEL: BITTI), a subsidiary of Bittium Corporation, announced on Wednesday the signing of a framework agreement
with Finnish Defence Forces for the purchase of Bittium Tactical Wireless IP Network (TAC WIN) system products.
The framework agreement
announced today, covers radio systems for communication (LT2-IRS) for live training with a potential amount of approximately USD41m.
The same political parties declared the Framework Agreement
as dead and non-existent from 2002 to 2006, but when they were in office from 2006 to 2008 they tried to benefit from it every day," the deputy prime minister said.
A framework agreement
is defined as "an agreement or other arrangement between one or more contracting authorities and one or more economic operators which establishes the terms - in particular the terms as to price and, where appropriate, quantity - under which the economic operator will enter into one or more contracts with a contracting authority in the period during which the framework agreement
He decided to mark the anniversary of the Framework Agreement
in a different way and did not attend the central celebration, which took place in Mavrovo, organized by the Secretariat for the Implementation of the Framework Agreement