Another SEK 3 billion order
Photo: Johan Nilsson / TT

Another SEK 3 billion order for Saab

Saab has received a new order for defense equipment from Lithuania. The order is for robots for air-defense systems.

Advertisement

Lithuania has ordered Bolide-type missiles for the RBS 70 air defence system worth SEK 3 billion. Delivery is planned between 2028 and 2032, Saab announced in a press release.

The order is placed under a framework agreement between Saab, the Swedish Defence Materiel Administration and the Lithuanian Ministry of Defence for Saab's short-range air defence system RBS 70 NG.

As recently as December 23, Saab announced that Lithuania had ordered the AT4 anti-tank round and ammunition for the Carl-Gustaf M4.

On Tuesday, the defence group announced an order from France for the GlobalEye reconnaissance aircraft worth SEK 12.3 billion, causing the share price to rise 2.7 percent on the last trading day of the year.

In this story
AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All