ÄNGELHOLM, Sweden, June 22, 2023 /PRNewswire/ — OXE Marine Inc (US), a subsidiary of OXE Marine AB (publ), has received two orders totaling 14 OXE300 HP diesel outboard engines, including spare parts and C-CRES mobility support, for the U.S Navy’s continued use in their ongoing test and evaluation program for research and development objectives of diesel outboard engine technology for possible future operational applications. The total value of the orders amounts to SEK12M (USD1.1M), and delivery of the products is planned for June this year.

“We are very excited about this opportunity to work with the Defense Logistics Agency. Our efforts to continue to grow the diesel outboards market is gaining momentum with increasing interest in OXE Marine’s unique technology in the marine market,” says Paul Frick, CEO of OXE Marine.

Certified Adviser 

FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ). Contact details to FNCA Sweden AB: tel. +46 8 528 00 399, e-mail [email protected]. 

For further information, please contact: 

Paul Frick, CEO, OXE Marine AB, [email protected], +46 70 325 06 20

Jonas Wikström, Chairman of the board, [email protected], +46 70 753 65 66

The following files are available for download:CMMCF

View original content:https://www.prnewswire.com/news-releases/oxe-marine-receives-orders-worth-sek12m-usd1-1m-from-united-states-defense-logistics-agency-301857974.html

SOURCE OXE Marine AB

Source link

Private Internet Access gives you unparalleled access to thousands of next-gen servers in over 83 countries and each US state. Your VPN experience will always be fast, smooth, and reliable.