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Vection Technologies wins $22.3M NATO-aligned defense contract for secure tech and XR systems, extendable to $29.5M.
Vection Technologies, an Australian tech company, has won a $22.3 million multi-year framework deal with a repeat NATO-approved European defence partner, its largest to date.
The contract, extendable to $29.5 million and running to 2030, supports secure ICT and extended reality systems, including the INTEGRATEDXR platform, used in defence operations.
It builds on prior agreements, bringing the total program value to $40 million, with $10.3 million already delivered.
The deal strengthens Vection’s role in NATO-aligned defence networks and the Tempest production chain, requires no new capital, and allows for structured order flow.
The partner is certified by NATO and the Council of Europe.
The agreement includes a termination clause for delays over 30 days.
Vection’s managing director emphasized disciplined execution and ongoing updates as orders are received.
Vection Technologies gana un contrato de defensa alineado con la OTAN por $ 22.3 millones para tecnología segura y sistemas XR, extensible a $ 29.5 millones.