Saab has signed a new framework contract with the USSOCOM for the company’s 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. In connection with award of the contract, USSOCOM issued an initial order with a value of MSEK 99 (approx. $14.3 million). The framework contract enables the USSOCOM to place orders for weapons and ammunition over a 5 year contract period up to a total value of BSEK 1.3 (approx. $187 Million). “This is another great milestone for Saab and the Carl-Gustaf system. This new order demonstrates the continued belief by the customer in the capabilities and versatility of our product as well as its future potential.” says Görgen Johansson, Senior Vice President and Head of Saab’s business area Dynamics. “The Carl-Gustaf has repeatedly proven itself in the most demanding environments and it is a versatile, powerful tool for the soldier. The fact that the system is also being fielded to U.S. Army light infantry combat teams speaks for itself.” said Lars Borgwing, President and CEO of Saab Defense and Security USA, LLC. The Carl-Gustaf system has a successful history and has successively been modernized and adapted to meet new requirements. Anticipating future operational needs, a new, lighter weight, version of the Carl-Gustaf is currently under development. The next generation system will also include additional functionality that will greatly increase the capability of the already formidable weapon system. Other recent advances to the Carl-Gustaf system include the release of the new 655 CS (Confined Space) High explosive anti-tank (HEAT) round designed to reduce back blast and allow soldiers to safely employ the weapon in confined spaces, minimizing the hazardous effects of traditional shoulder fired munitions.
Pipavav is declared ‘qualified by the Indian Navy as a Combat Management System (CMS) to modernize or replace up to 100 fighting ships over the next ten years. Saab will embed key technical staff at the Pipavav development facility in Delhi to continue the technology transfer in October
Saab has declined to bid for $4.37 billion Danish fighter contract while reports indicate that US firm Lockheed Martin is set to land the deal, The Local
Embraer and Saab have partnered in a joint program management for the F-X2 Project. Embraer will coordinate all development and production activities in Brazil on behalf of Saab and participate in systems development, integration, flight tests, final assembly and deliveries of both the single and two-seat versions of Gripen NG aircraft
Saab and European Defense Agency (EDA) have agreed to supply Carl-Gustaf ammunition to Estonia, Latvia, Lithuania, the Czech Republic and Poland. The agreement will last five years and includes a possible renewal of two more years
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
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
The US Department of Defense has awarded Raytheon a $49.5 million worth contract for the production of the Silent Knight Radar system in support of US Special Operations Command
Saab has signed a contract worth SEK 1.4 billion ($164 million) for the production and delivery of ammunition for the Carl-Gustaf man-portable weapon system
Saab has received an ammunition order from US Special Operations Command (USSOCOM) for the Carl-Gustaf man-portable weapon system. The order is a part of the contract announced in August 2014 for the 84-mm recoilless rifle system
Saab will present the newly-developed next generation Carl Gustaf M4 at the 2014 Association of the U.S
Saab has con a $17.9 million contract from the Swedish Defense Materiel Administration to overhaul the HMS Halland, a Gotland-class submarine commissioned in 1997
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
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