These matters have indeed been addressed in the report. It is freely available to read. And a year ago, I would have said the exact same thing, so I certainly understand.
You apparently don’t see a problem in small countries, so let’s talk a bit about the big ones. In the UK, Bittium is partnered with BAE Systems. It is larger in market capitalization than either of the ones mentioned and is essentially local. I doubt anyone there is nervous about Bittium’s size. In my opinion, the combo holds its own against anything else, but of course, it doesn’t guarantee a win.
In Spain, Indra “bowed” to Bittium, for whom such arrangements are also possible. We weren’t left with crumbs; instead, we got a significant share of the margin. R&S (Rohde & Schwarz) would surely have delivered quality in Germany if they had been able to. Radmor hasn’t shown anything miraculous either. L3Harris doesn’t have ESSOR, which is significant in many tenders. It can still pose major challenges because it’s the US. However, it hasn’t been particularly strong in Europe. Elbit is not in favor.
On the political dimension, Finland’s current leadership is also active and provides support. This dimension is also better understood at Bittium nowadays. Even though we are a small country, we are nevertheless a respected NATO member (nowadays). The Finnish Defence Forces have an excellent reputation worldwide. The difference in political power compared to France isn’t massive, so we should at least be able to compete with those technologies. The USA is another matter, but I don’t think that’s in anyone’s books for Bittium.
Based on current information, I would estimate that it will be either Thales or Bittium that becomes the market leader in Europe in this “niche.” No one knows what will ultimately happen—it could be that Thales unveils a stellar product suite tomorrow and sweeps the board in the coming years. But based on current information, I believe Bittium has a chance, and a good one at that.