Saab to support Swedish Navy’s underwater weapon systems
The contract enables FMV to place orders for product support and maintenance of underwater weapon systems during the period 2017-2019, up to a total value of SEK 236 million.
The contract comes under the terms of the Letter of Intent (LoI) between Saab and FMV that was announced on June 9, 2014. The LoI supports the Swedish Armed Forces’ underwater capabilities for the period 2015-2024.
Saab has a unique expertise to develop underwater systems for shallow waters and for the specific environment found in the Baltic Sea, including customized propulsion systems, communication systems and homing systems. Some of these are world leading systems within its segment.
Saab has a longstanding partnership with FMV and has provided the Swedish Armed Forces with underwater solutions for weapon systems, sensors, autonomous underwater vehicles and mine hunting. ■