Saab has received an order from TAURUS Systems GmbH for deliveries of components and hardware to the TAURUS KEPD 350 stand-off missile system.
The order value amounts to approximately SEK 236 million (US$ 28 million) and deliveries will take place during the period 2019-2020.
The TAURUS KEPD 350 missile system is an advanced, modular stand-off missile system, with a range of more than 500 km, for precision strikes against bunkers and other hardened, deeply buried targets, as well as high-value point and area targets such as large radar stations. This order is a call-up of an option from a contract signed with TAURUS Systems GmbH in 2014 regarding deliveries of components and hardware. TAURUS Systems GmbH in Germany will carry out final missile assembly.
“The interest for this advanced weapon system is constantly growing and this order is in line with our business expectations. Many air forces around the world are currently looking for weapon systems that can penetrate dense air defences on the ground and engage a variety of land targets with high precision. TAURUS KEPD 350 is the right choice for many of these customers”, says Görgen Johansson, head of Saab business area Dynamics.
The TAURUS KEPD 350 is a product of TAURUS Systems GmbH, a joint venture between MBDA Deutschland GmbH and Saab Dynamics AB, for the development, production and global marketing of the TAURUS stand-off missile family for long-range precision strikes.
Swedish firm Saab has received an order from the Defence Material Organisation, DMO, for support and update of simulators to the Netherlands Armys Mobile Combat Training Centre. The order value amount to SEK 115 million is a two-year extension and includes an option for one additional year of support
Saab, a Swedish defense firm, has offered its Swordfish maritime patrol aircraft (MPA) for South Korean Navys requirement to procure six new aircraft to supplement its MPA fleet of 16 P-3C and P-3CK Orion planes in service. According to Yonhap, Saab argued Wednesday that its Swordfish aircraft is an optimum model for use by South Korea's Navy, which is seeking to bolster its ability to counter North Korea's submarines, some of which are equipped with ballistic missiles
South Korea's Air Force successfully test-fired a 500-kilometer-range advanced air-launched cruise missile during its first live-fire exercise in South Chungcheong Province, on Tuesday. The Air Force's F-15K fighter jet fired a Taurus missile, which flew some 400 kilometers and precisely hit an intended target in the coastal waters off Gunsan, North Jeolla Province,
South Korean government has allowed electronics companies to join a weapons procurement project for the first time. South Korea plans to buy additional 90 air-to-ground Taurus-class missiles from Germany and have asked local technology firms to submit a list of products that they wish to sell to the German firm,
The Spanish Ministry of Defence and TAURUS Systems GmbH (TSG) signed a contract for an upgrade of the operational capability of the TAURUS KEPD 350 Weapon System used by the Spanish Air Force. The TAURUS KEPD 350 has been in the inventory of the Spanish Air force for 10 years
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