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FORTEC Elektronik AG has announced a significant defense contract valued at approximately $4 million. Its subsidiary, FORTEC Power, has been tasked with supplying specialized power solutions for defense applications, with a total volume of $3.8 million to be delivered over several years.

Specific project details, including the end customer, remain undisclosed due to contractual agreements. The new order aligns with a smaller initial defense contract for a drone defense system reported last year.

The company anticipates that this contract will positively impact revenue and results starting in fiscal year 2026/2027, as fiscal year 2025/2026 is seen as a transitional period. A dividend proposal of €0.40 per share has been put forth, reflecting a significant reduction from the previous year's dividend.

The company has reported a backlog of €44.3 million as of September 30, 2025, indicating a decline compared to previous periods. The recommendation remains a buy with a target price of €17.00.