-+ 0.00%
-+ 0.00%
-+ 0.00%
Cicor Technologies Bags Two Defense Deals, Closes Manufacturing Site Purchase in Malaysia
Share
Listen to the news
01:37 AM EST, 11/09/2026 (MT Newswires) -- Cicor Technologies (CICN.SW) was awarded two multi-year defense programs expected to generate revenue of nearly 20 million francs in 2027. The Swiss electronic components company will initiate manufacturing for the programs at its facilities in France and the UK, according to a Monday release. Cicor said it secured one of the awards from a new client. Separately, Cicor wrapped up the acquisition of the Cicor Senai manufacturing site in Johor, Malaysia, and signed the previously announced strategic supply agreement with EDMI. The transaction is expected to deliver annual revenue of over $50 million.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending