Patria
Type: Defense, Security, and Aviation Technology Provider
Headquarters: Helsinki, Finland
Founded: 1921
Ownership: Finnish Government (50.1%), Kongsberg Defense & Aerospace AS (49.9%)
Number of Employees: Approximately 3,311 (as of 2022)
Overview
Patria is a Finnish company specializing in defense, security, and aviation life-cycle support services. With over a century of experience, Patria offers a wide range of products and services designed to ensure reliable operations for its customers in critical functions on land, sea, and air.
Operating Model
In early 2022, Patria implemented a new growth strategy and operating model to fully leverage the expertise of its personnel. The company is organized into four main divisions:
Finland Division: Focuses on Finnish accounts, particularly the Finnish Defence Forces, and comprises four business areas: Air Force, Army, Navy, and Joint & Security.
Global Division: Handles international accounts, segmented into market areas: Nordics, Europe, and World.
Portfolio: Responsible for product and service development and sales support, consisting of six product and service lines: Fleet Availability, Life Cycle Management, Training & User Support, C5ISTAR, Mission Capability, and New Products and Services.
Operations: Oversees production and supply chain management, comprising four production lines: Airframe & Structure Operations, Engine, Component & Training Operations, Land Operations, and System & Integration Operations.
Products and Services
Vehicles:
Patria 6×6: An armored personnel carrier designed for mobility and protection.
Patria AMV (Armored Modular Vehicle): A versatile armored vehicle used in various defense forces.
Patria Pasi: An armored personnel carrier known for its reliability in various terrains.
Weapons Systems:
155 GH 52 APU: A gun-howitzer offering advanced artillery capabilities.
AMOS (Advanced Mortar System): A self-loading mortar system providing rapid fire support.
Patria NEMO: A remote-controlled, self-loading mortar system enhancing battlefield flexibility.
Patria TREMOS: A modular mortar system introduced in 2024, designed for modern combat requirements.
Aviation and Aerostructures:
Patria manufactures components for various aircraft, including parts for the Airbus A380 and NHIndustries NH90 helicopter.
The company provides maintenance, repair, and operations (MRO) services for aircraft and helicopters, as well as pilot training programs.
Recent Developments
F-35 Industrial Participation: In June 2023, Patria and Lockheed Martin signed a Memorandum of Agreement (MoA) for direct work within Finland’s F-35 industrial participation program. This agreement includes the contractual framework for F-35 forward fuselage assemblies to be produced in Finland by Patria.
6×6 Armored Vehicle Program: In 2021, Finland and Latvia signed a frame agreement with Patria for the production phase management of the joint 6×6 armored vehicle system. Latvia committed to over 200 armored personnel carriers, with deliveries scheduled between 2021 and 2029.
European Defense Industrial Development Program: Patria was selected to lead a consortium developing future armored platforms and upgrading existing ground combat capabilities as part of the European Defence Industrial Development Programme (EDIDP) in 2021.
Financial Highlights
Revenue: €627.1 million (2022)
Operating Profit: €53.8 million (2022)
