Strengthening Military Capabilities: Sweden and Finland Secure Long-Term Partnership with Sisu Auto

Overview of the FISE Framework Agreement

In January 2024, the Swedish Defence Materiel Administration (FMV), the Finnish Defence Forces Logistics Command, and Sisu Auto formalized a long-term FISE framework agreement aimed at enhancing the delivery of armored military vehicles. This strategic partnership set in motion initial orders exceeding 250 SISU GTP vehicles. As of now, progress has been notable; approximately 120 units have already been dispatched, with subsequent orders received from both nations for additional SISU GTP models.

Recent Developments

On November 20, 2025, the signatories of the agreement convened to revise the existing FISE framework. This update includes an agreement for the procurement of around 300 additional SISU GTP vehicles for the Finnish and Swedish armed forces. Such enhancements in vehicle availability are essential for maintaining operational readiness in an evolving security landscape.

Key Highlights

• Initial Orders: Over 250 SISU GTP vehicles initially ordered.
• Current Deliveries: Approximately 120 vehicles delivered to date.
• New Orders: Additional 300 units agreed upon in the recent update.

Market Expansion and Strategic Milestones

Sisu Auto is poised to penetrate a significant new European market, thereby solidifying its status as a key player in the military vehicle sector. The company’s current order portfolio has reached almost 500 vehicles, totaling an impressive valuation of around EUR 400 million. Notably, over 95% of this order book relates directly to military products, with a considerable portion earmarked for international customers.

CEO Remarks on Company Progress

Tomi Gardemeister, CEO of Sisu Auto, expressed optimism regarding the new order, emphasizing its role in affirming the competitive edge of their products:

“This significant order underscores that our offerings are aligned with the performance benchmarks and operational requirements of our clients. The expansion into a new market represents a strategic milestone, validating our growth strategy.”

Diverse Product Offerings

The SISU GTP product family currently showcases eleven variants designed for multiple missions, including troop transport, counter-drone operations, and medical evacuation. This diversity ensures comprehensive support for various operational needs and enhances adaptability on the battlefield.

Future Growth Projections

Sisu Auto’s strategic vision outlines ambitious production and revenue goals:

• 2025 Forecast: Approximately EUR 80 million in revenue and over 100 vehicles manufactured.
• 2026 Target: Anticipation to exceed 200 vehicles produced, with revenue projections surpassing EUR 160 million.

Conclusion

The collaboration between Sweden, Finland, and Sisu Auto embodies a proactive approach to military readiness in an increasingly complex global security environment. By expanding their portfolio and entering new markets, Sisu Auto not only bolsters its operational capabilities but also stands as a vital partner to the Nordic defense framework. This initiative exemplifies how targeted production agreements can enhance national security while fostering industry growth.