The government of Sweden signed an agreement to purchase Raytheon's Patriot air and missile defense system from the United States.
The agreement, formally referred to as a Letter of Offer and Acceptance, paves the way for Sweden's Patriot force to rapidly reach Initial Operational Capability, Raytheon said in a statement Friday.
Sweden announced in November last year that it had chosen the Patriot missile defence system over Franco-Italian rival Eurosam's SAMP/T missile system, in an estimated one billion-euro deal.
The choice is in line with a 2015 strategy to avoid "the degradation" of regional security, and boost the country's armed forces operational capacity after years of austerity, the Swedish defence ministry had said in a statement.
No details of the deal were given by the ministry, but the body in charge of military acquisitions has valued the contract at 10 billion kronor (1 billion euros, US$1.3 billion).
The Swedish government had said, “based on this tender and the decision of the Riksdag (the Swedish Parliament) on the proposal to acquire a new medium-range air defense system in the 2018 budget bill, the government will make a final decision on the acquisition during 2018.”
Sweden hopes to receive the ground-to-air missiles between 2020 and 2025. The longer-range Patriot system will replace the US Hawk missile system employed in Sweden.
Germany, Greece, the Netherlands, and Spain currently have Patriot. Within the past 12 months Romania and Poland signed Letters of Acceptance for Patriot, becoming the fifth and sixth European nations to procure Raytheon's Patriot system.
The Swedish Air Force's Gripen Jets dropped Paveway guided bombs to extinguish a raging forest fire in central Sweden yesterday. According to Swedish tabloid Aftonbladet, the 500-pound class GBU-49/B Paveway precision-guided bomb was dropped from 3,000 metres reaching speeds of 550 km/h before hitting its target
Saab has received an order from the Swedish Defence Materiel Administration (FMV) for deliveries of the Carl-Gustaf M4 to the Swedish Armed Forces. The new version, Carl-Gustaf M4, launched in 2014, has lightweight design, weighing less than 7 kg
Poland, Germany and Sweden have shown interest in Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) missiles, Lockheed Martin has said. The PAC-3 MSE missile continues to receive strong interest from Poland, Germany and Sweden
Sweden announced on Tuesday that it has chosen the Patriot missile defence system manufactured by US defence contractor Raytheon, over Franco-Italian rival Eurosam's SAMP/T missile system, in an estimated one billion-euro deal. The choice is in line with a 2015 strategy to avoid "the degradation" of regional security, and boost the country's armed forces operational capacity after years of austerity, the Swedish defence ministry said in a statement
Governments of Sweden and the United Kingdom (UK) have signed a Memorandum of Understanding (MoU) to jointly develop future combat aircraft capabilities and combat aircraft systems on July 18, 2019. The two countries will cooperate on the development of future combat aircraft capabilities, including future development of the JAS 39 Gripen
Raytheon has won $1.5 billion modification contract to supply Phased Array Tracking Radar to Intercept on Target (PATRIOT) to Poland
China Tests KJ-500 Early Warning Aircraft, L-15 Trainer-Combat Jet
UVision Demos Hero-120 Loitering Munition to NATO Member State
Russian Shipbuilder Reconfiguring Project 11356 Frigates for Indian Navy
African Nation Receives King Air 350ERs Configured for Maritime Patrol
Indonesia Seeks Rafale Jets, Submarines, Warships in Defence Cooperation Deal with France
Sea Ceptor Supersonic Missile Defence System Offered to Indian Navy
Mobile Phone Led Israelis to Destory Pantsir-S Air Defence Battery in Syria
GA-ASI Demos Multi-Domain Operations Using Gray Eagle ER Drone
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...