Patria (company)

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Patria Oyj
Public limited company
Industry Aerospace and defense
Predecessor Valmet, Oy Sisu Ab
Founded 1997; 19 years ago (1997)
Headquarters Helsinki, Finland
Area served
worldwide
Key people
Heikki Allonen (CEO)
Products Armored wheeled vehicles, weapon systems, aircraft parts
Services helicopter maintenance, pilot training
Revenue Decrease 427.7 million  (2015)
Decrease 46,8 million € (2015)
Owner Finnish government (50.1%)
Kongsberg Defense & Aerospace AS (49.9%)
Number of employees
2,546 (2014)
Website patria.fi

Patria Plc (Finnish: Patria Oyj, Swedish: Patria Abp) is a Finnish provider of defence, security and aviation life-cycle support services and technology solutions. Patria is owned by the Finnish government and Kongsberg Defense & Aerospace. The competition authorities has granted their approval concerning sale by State of Finland of 49.9 percent of the defence company Patria Oyj to Kongsberg Defence & Aerospace AS. The total value of the transaction is EUR 283,5 million. The State of Finland now owns 50.1 percent of Patria Oyj.Transaction was closed during second quarter of 2016.[1]

Products and services[edit]

  • Armoured wheeled vehicles, mortar systems and ammunition products as well as their life cycle support services.
  • Life cycle support services for aircraft and helicopters as well as pilot training.
  • Maintenance of army material for the Finnish Defence Forces.
  • Development and integration of systems for command and control and situational awareness as well as their life cycle support services.

Patria Aviation[edit]

Aircraft parts for:

Patria Systems[edit]

Vehicles[edit]

Mortar systems[edit]

  • AMOS — Advanced Mortar System
  • NEMO — Light version of AMOS

Criminal investigation[edit]

Main article: Patria case

As of 5 September 2008, Patria is under investigation by the Finnish National Bureau of Investigation on its vehicle project in Slovenia and howitzer project in Egypt.[4] The company's former CEO Jorma Wiitakorpi resigned on August 18, 2008, when the investigation was still ongoing. He was succeeded by former board member Heikki Allonen.[5] Furthermore, several other employees have been arrested on charges of bribery. The case is ongoing and currently (as of 5 September 2008) the criminal investigation is underway.

Yleisradio's investigative program MOT published details of the case, causing a scandal in Slovenia, since the Slovenian Government including then-Prime Minister Janez Janša was allegedly involved.

References[edit]

External links[edit]