Overview

• The letter of intent is Heidelberg’s first confirmed defense project and sets up the development of control technology and power distribution systems for Jenoptik’s former military division in partnership with Vincorion Advanced Systems.
• Formal contract awards depend on approval in the federal budget and sign-off by the Bundestag’s defense committee.
• Management forecasts at least €100 million in defense-related revenue for the company over the next three years.
• The collaboration draws on Heidelberg’s in-house capabilities in mechatronics, power electronics and control cabinets to meet safety-critical defense requirements.
• The move taps into surging European defense spending triggered by Russia’s invasion of Ukraine and escalating Middle East tensions.