Bofors Dynamics Switzerland Ltd (SBDS), Saab’s fully owned company has signed a long-term cooperation agreement with the US-based NonLethal Technologies Inc. (NLT) for marketing and selling the IronFistTMand Cobra40TMless-lethal weapon systems, including the 38-mm and 40-mm munitions.
“NLT and SBDS will make a world-class team given both companies’ prominent positions in their markets with superior products. The companies share common core values and market strategies. They are fast, innovative, quality producers well-known in their respective markets and willing to move quickly. We will benefit from each other through our complementary know-how, products and networks. I am convinced that this cooperation will be the start of another success story within our company”, says Stephan Kocher, CEO of Saab Bofors Dynamics Switzerland Ltd (SBDS).
Scott Oberdick, President and COO of NLT says: “We look forward to this cooperative opportunity with the SBDS marketing team, to introduce our less-lethal weapons and munitions to the European defence, correctional and law enforcement communities. The SBDS experience and reputation for high-quality, high-performance weapons and munitions, along with the strength of its management and support services within the defence industry, assures us of a strong teaming effort in Europe.”