on Gurit Holding AG (isin : CH0008012236)
Gurit Re-Signs Long-Term Defense Supply Contract
On March 19, 2025, Gurit Holding AG announced the re-signing of a significant long-term materials supply contract with United States Marine Inc. (USMI), a key supplier to the USA Department of Defense. This renewed agreement aims to continue their successful collaboration in producing high-performance composite products for defense applications. The multi-year contract is projected to generate around 10 million CHF in sales.
Gurit and USMI have maintained a robust partnership over the years, focusing on state-of-the-art composite solutions for various government clients. This development reinforces Gurit's position as a global leader in high-performance composite materials, aligning with its strategic shift towards a multi-market approach.
Lance Hill, General Manager of Gurit's Marine & Industrial Business Unit, expressed enthusiasm about the continued partnership, emphasizing the company's commitment to technical innovation in challenging scenarios within the marine sector.
R. E.
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