Patria
Patria is Finland's largest state-owned defense and security company, majority-owned by the State of Finland and Norwegian Kongsberg Defence & Aerospace AS. It designs and manufactures armored vehicles, mortar systems, electronic warfare platforms, and unmanned aerial systems for NATO member-state defense ministries under multi-year government procurement contracts.
- Company typePrivate
- Founded1995
- HeadquartersBratislava
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Patria does
Patria is a Finnish state-owned defense and security company, majority-owned by the State of Finland with Norwegian Kongsberg Defence & Aerospace AS as a strategic shareholder. It is positioned as Finland's largest defense industrial company, selling primarily to NATO member-state defense ministries through intergovernmental programs and direct procurement. The company's product portfolio spans armored vehicles (the CAVS 6x6 / Patria 6x6 developed jointly with Latvia, and the AMV XP), the NEMO 120mm turreted mortar system, electronic warfare and surveillance systems (CATCHR ESM, MUSCL passive radar, ARIS ELINT), and — following the June 2024 acquisition of Nordic Drones Oy — unmanned aerial systems for surveillance, reconnaissance, and search-and-rescue applications. It also acquired ILIAS Solutions in 2025 to further extend its defense technology footprint.
Patria's business model is built on B2G (business-to-government) defense procurement, combining one-time equipment sales of large-ticket platforms with recurring full-cycle maintenance, repair, and lifecycle support services. Pricing is negotiated bilaterally with national defense ministries and is not publicly disclosed; multi-year contracts are the norm. Major recent wins include Germany's approximately EUR 2 billion ($2.3 billion) contract for 876 CAVS 6x6 vehicles (December 2025) — the largest single deal in the company's history — and Slovenia's EUR 695 million acquisition of 106 AMV XP vehicles, supplementing existing Nordic and Baltic customer relationships across Finland, Sweden, Denmark, and Latvia with the latter also signing a full-cycle maintenance contract in March 2026.
The company operates manufacturing primarily from its Hämeenlinna, Finland flagship facility, with capacity being nearly doubled by 2027, and is building out distributed production through partnerships with Valmet Automotive in Uusikaupunki (Finland) and across Latvia, Poland, and Slovakia. Order stock reached an all-time high in Q1-Q3 2025, with significant growth in net sales and operating profit. A March 2026 MoU with United Aero Group adds a European helicopter blade repair and logistics hub, extending Patria into adjacent aerospace MRO services. Note: the input's firmographics block describes a small (1-10 employee) Slovak import/export company at patria.sk; this is treated as conflicting scrape metadata, and the substantive body of the data (which consistently describes the Finnish defense contractor across multiple sources) is taken as the authoritative record.
Patria firmographics
Firmographics- Name
- Patria
- Website
- https://patria.sk
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Patria is Finland's largest state-owned defense and security company, majority-owned by the State of Finland and Norwegian Kongsberg Defence & Aerospace AS. It designs and manufactures armored vehicles, mortar systems, electronic warfare platforms, and unmanned aerial systems for NATO member-state defense ministries under multi-year government procurement contracts.
- Ownership category
- akta.pro rank
Patria industry classification
Industry- Product category
- Defense Manufacturing & Military Vehicles
- NAICS
- Military Armored Vehicle, Tank, and Tank Component Manufacturing (336992)
- SIC
- Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480), Aircraft Parts & Auxiliary Equipment, Nec (3728)
- akta.pro primary industry
- Defense Infrastructure, Installations & Base Operations (BPAIAHAK)
Keywords
Where Patria is headquartered
LocationHeadquarters
- HQ city
- Bratislava
Offices3 records
Markets served
Patria business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure
Revenue model
- Defense Products and Services: Patria generates revenue through sale of defense equipment including armored vehicles, mortar systems, electronic warfare systems, and unmanned aerial systems to government and military customers. The company reported significant increase in net sales and operating profit in Q1-Q3 2025.
- Life Cycle Maintenance and Support: Full-cycle maintenance and repair services for armored vehicles including the 6x6 fleet, supporting long-term operational readiness for NATO partners.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Government defense procurement contracts negotiated on individual basis |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
Patria product offering
Product offeringCore offering
Patria is a Finnish state-owned defense and security company that designs, manufactures, and sells armored vehicles (CAVS 6×6 and AMV XP), turreted mortar systems (NEMO 120mm), electronic warfare systems (CATCHR, MUSCL, ARIS), and unmanned aerial systems (via Nordic Drones Oy). It also delivers full-cycle maintenance, lifecycle support, and repair services for defense customers. Customers are primarily NATO member-state governments and allied defense ministries.
Product overview
Patria is a Finnish defense and security company majority-owned by the State of Finland and Norwegian Kongsberg Defence & Aerospace AS. The company offers a comprehensive portfolio of defense solutions including armored vehicles (CAVS 6×6, AMV XP), mortar systems (NEMO 120), and electronic warfare systems (CATCHR, MUSCL, ARIS). Following the acquisition of Nordic Drones Oy, Patria has expanded into unmanned aerial systems. The company also provides lifecycle management, maintenance, and repair services for armored vehicles, and operates through international cooperation programs including CAVS with multiple NATO countries.
Differentiator
Problem solved
Functional benefit
Brands
- Patria CATCHR: High-performance electronic support measures (ESM) system for intercepting, geolocating, and tracking radar emitters for situational awareness and surveillance
- Patria MUSCL
- Patria ARIS
- CAVS 6×6
- NEMO 120
Products and services
- CAVS 6×6 Armored Vehicle A multirole armored personnel carrier developed under the Common Armoured Vehicle System (CAVS) joint program between Finland and Latvia, designed for NATO interoperability. Germany signed a $2.3 billion contract for 876 vehicles, the largest buyer; Sweden, Denmark, and Finland have placed additional orders; the vehicle has drawn demand from seven NATO member states.
- Patria 6×6 (CAVS programme) Armored personnel carrier included in the CAVS programme, with nearly 1,000 orders received and manufacturing scaled across Finland, Latvia, Poland, and Slovakia.
- NEMO 120mm Turreted Mortar System A 120mm turreted mortar system capable of firing multiple rounds in Multiple Rounds Simultaneous Impact (MRSI) and Multiple Targets Simultaneous Impact (MTSI) modes while the vehicle remains in motion, with new fire-control software for accurate targeting on the move and a maximum range exceeding 6.2 miles.
- Patria CATCHR Electronic Support Measures System High-performance electronic support measures (ESM) surveillance system designed for intercepting, geolocating, and tracking radar emitters for situational awareness and surveillance. Capabilities include spectrum monitoring, pulse analysis, and support for electronic warfare operations. Unveiled at EW LIVE 2025.
- Patria MUSCL Passive Radar System Passive radar system for air surveillance, part of Patria's electronic warfare product portfolio. Showcased at EW LIVE 2025 in Tartu, Estonia.
- Patria ARIS ELINT System Advanced ELINT (Electronic Intelligence) system for radar signal collection and analysis, part of Patria's electronic warfare portfolio. Showcased at EW LIVE 2025 in Tartu, Estonia.
- AMV XP Armored Vehicle
Quantifiable outcome
- Vehicle range exceeding 6.2 miles for NEMO mortar system
- +1 more outcomes
Companies that use Patria
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Patria technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Patria partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- City of HämeenlinnacorePatria and the city of Hämeenlinna signed a letter of intent to strengthen their defence industry partnership. Cooperation aims to create an optimal operating environment for defence industry in Hämeenlinna, including a showcase space for local defence industry and planning for new development environments. Both parties committed to promoting regional development, expertise, and workforce development.
- Latvia Ministry of DefencecoreLatvia's Ministry of Defence signed a contract with Patria for full-cycle maintenance and repair of its 6×6 armored personnel carriers. Complements a 2024 lifecycle management agreement between Latvia, Finland, Sweden, Denmark and Patria. Agreement aims to develop local maintenance capacity and ensure long-term operational readiness of Latvia's armored vehicle fleet.
- United Aero GroupcorePatria and United Aero Group signed MoU at Verticon in Atlanta to establish a forward stocking location and helicopter blade repair center for Europe. The facility aims to reduce turnaround times for spare parts and certified blade repairs by an estimated 30%, reducing logistics costs and increasing aircraft availability. Vital for military, EMS, and SAR missions.
- Valmet AutomotivecorePatria and Valmet Automotive signed a Letter of Intent to jointly manufacture and test armored vehicles at Valmet's facility in Uusikaupunki, Finland. Strategic partnership aims to expand production capacity for Patria's protected mobility vehicles including the Patria 6×6. Partnership includes technology transfer and local manufacturing elements.
- Kongsberg Defence & Aerospace AScoreKongsberg Defence & Aerospace AS is a major shareholder in Patria alongside the State of Finland. Norwegian ownership provides international backing and potential for cross-border defense collaboration.
- Nordic Drones OycorePatria acquired Finnish drone manufacturer Nordic Drones Oy specializing in professional drones and aerial systems. The acquisition strengthens Patria's unmanned aerial systems portfolio and enhances capabilities in autonomous systems. Based in Muurame, Finland, Nordic Drones also provides drone training services. Deal pending approval from Finnish Ministry of Employment and the Economy.
Scale indicators10 records
Recent moves9 records
Expansion highlights7 records
Patria competitors and assessment
Company assessmentDirect peers
- Iveco Defence Vehicles: Italian maker of armored vehicles (VTLM, Centauro, VBTP); European wheeled vehicle peer with similar NATO and export customer profile to Patria.
- KNDS: Joint Franco-German armored vehicle manufacturer (Leclerc, Leopard, Boxer); competes head-to-head with Patria CAVS in European NATO armored vehicle tenders.
- Oshkosh Defense: US manufacturer of tactical wheeled vehicles (JLTV, FMTV); competes with Patria in light armored and protected mobility categories relevant to NATO procurements.
- Kongsberg Gruppen: Norwegian defense and aerospace group that is both a co-owner of Patria and a peer in naval strike (NSM), remote weapon stations, and defense electronics across the same Nordic/NATO customer base.
Broad incumbents
- Rheinmetall: Germany's largest defense prime and a direct competitor in armored vehicles (Lynx, Boxer); comparable to Patria in CAVS-adjacent NATO bids and significantly larger in scale.
- General Dynamics Land Systems: US-based armored vehicle manufacturer (Stryker, Bradley, Ajax); competes with Patria in select NATO wheeled and tracked armored vehicle programs.
- Thales: French defense electronics prime; comparable to Patria's expanding CATCHR/MUSCL/ARIS electronic warfare and signals intelligence portfolio serving NATO defense customers.
- BAE Systems (Hägglunds / Land Systems): Through BAE Systems Hägglunds (Sweden), a near-direct peer producing CV90 and ARCHER artillery; BAE Land Systems is also a global armored vehicle competitor relevant to NATO procurement.
- Saab: Swedish defense and aerospace company (CV90, Gripen, Giraffe radar); comparable in Nordic/NATO defense portfolio and a fellow Swedish/CAVS-adjacent peer.
Emerging players
- FNSS Savunma Sistemleri: Turkish armored vehicle manufacturer (Pars, Kaplan); an emerging NATO-export competitor in wheeled APCs that overlaps with Patria's customer pipeline.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Patria social profiles
Digital presencePatria financial estimates
Financial estimateRevenue estimate
Valuation estimate
Patria leadership team
Management profileNumber of profiles
Profiles1 record
Patria subsidiaries and ownership
Company hierarchySubsidiaries2 records
Patria funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Patria M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Patria
What does Patria do?
Patria is a Finnish state-owned defense and security company that designs, manufactures, and sells armored vehicles (CAVS 6×6 and AMV XP), turreted mortar systems (NEMO 120mm), electronic warfare systems (CATCHR, MUSCL, ARIS), and unmanned aerial systems (via Nordic Drones Oy). It also delivers full-cycle maintenance, lifecycle support, and repair services for defense customers. Customers are primarily NATO member-state governments and allied defense ministries.
Is Patria a public or private company?
Patria is a private company. It is classified as state government owned and is currently operating.
When was Patria founded?
Patria was founded in 1995. It employs 1 to 10 people.
Where is Patria based?
Patria is headquartered in Bratislava.
How does Patria make money?
Two revenue lines are on record. Defense Products and Services are the primary driver. The others are life Cycle Maintenance and Support.
Who are Patria's main competitors?
Direct peers on record are Iveco Defence Vehicles, KNDS, Oshkosh Defense and Kongsberg Gruppen. Broad incumbents are Rheinmetall, General Dynamics Land Systems, Thales, BAE Systems (Hägglunds / Land Systems) and Saab. FNSS Savunma Sistemleri is listed as an emerging player.
Does Patria have an API?
No public API is recorded for Patria.
What industry is Patria in?
Patria's product category is Defense Manufacturing & Military Vehicles. Its primary akta.pro industry code is BPAIAHAK, Defense Infrastructure, Installations & Base Operations. Its NAICS code is 336992 and its SIC code is 3480.