Saab has won a $6 million contract from the Swedish Defence Materiel Administration (FMV) regarding design plans for a New Lightweight Torpedo (NLT).
The order is part of the Letter of Intent regarding the Swedish armed forces’ underwater capability which was announced on June 9, 2014.
Saab has received an order from FMV regarding design plans for a New Lightweight Torpedo. This is the first step in developing a new lightweight torpedo. Final delivery of this order will be during 2015.
“We are very pleased and proud to have the continued confidence to deliver torpedo weapon systems to FMV and the Swedish Navy in the commencement of the work to deliver the replacement for Torpedo 45”, says Görgen Johansson, Senior Vice President and Head of business area Saab Dynamics.
“Saab Dynamics has over the years established a unique experience and expertise in developing underwater systems for shallow waters and the types of environment that exist in the Baltic Sea. Many of our systems are world leading in its segment, and with this order, we are able to maintain our global leadership position and continue to provide the market with competitive products”, says Agneta Kammeby, Vice President and Head of business unit Underwater Systems.
Defense and security company Saab acquired ThyssenKrupp Marine Systems AB (TKMS AB, formerly Kockums) at SEK 340 million (around €37 million). In April 2014, Saab and ThyssenKrupp Industrial Solutions AG signed a non-binding MoU regarding the acquisition of the Swedish shipyard TKMS AB with operations based in Karlskrona, Malmö and Muskö, Sweden
Bofors Dynamics Switzerland Ltd (SBDS), Saabs 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
Saab suffered a major setback yesterday after it lost public referendum to supply 22 Gripen aircraft to the Swiss. The aircraft-maker was defeated by a "no" vote representing just over 52% of respondents
Saab has announced the development of five all-new complementary Giraffe radars for land and sea.Saabs combat-proven and highly-regarded surface radar portfolio, including the renowned Giraffe AMB and Arthur radars, has been improved and expanded through the addition of new technologies and designs
Success with the Gripen integrated air defence system (GIADS) in Thailand has prompted SAAB to offer an air, sea and ground networked air defence system for the Asian and world markets. The JAS 39 Gripen fighter, the Erieye airborne early warning and control (AEW&C) aircraft, and ship combat management systems (CMC) form the three principal elements of the system
ThyssenKrupp AG and Saab AB today signed a non-binding Memorandum of Understanding concerning the sale of the Swedish shipyard, ThyssenKrupp Marine Systems AB (formerly named Kockums) with operations in Malmö, Karlskrona and Muskö to Saab AB. Both parties agree that during the negotiations phase, the integrity and the operating ability of ThyssenKrupp Marine Systems AB must be safeguarded
Saab has been awarded a contract from the Norwegian Army for development and serial deliveries of the new generation GAMER vehicle simulators (a dual-simulator training system). The total order amounts to SEK 142 million
Saab has signed a new framework contract with the USSOCOM for the companys Carl-Gustaf man-portable weapon system.The contract is a follow on agreement to a previous 5 year contract for the 84mm recoilless rifle system
France tests nEURON stealth combat drone with Rafale Jet, AWACS Aircraft
Indian Diplomacy Triumphs over US's Anti-Russia Sanctions Threat
GA-ASI tests Air-To-Space Lasercom System for Military Drones
First Radar Antenna for US Army’s LTAMDS to defeat Hypersonic Threats Built...
Mobile Phone Led Israelis to Destory Pantsir-S Air Defence Battery in Syria
China’s Z-10 Attack Helicopter Upgraded with Powerful Engine
GA-ASI Demos Multi-Domain Operations Using Gray Eagle ER Drone
Russia Developing New Attack Helicopter ‘Airborne Combat Vehicle’
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...