The order concerns the AT4 anti-tank round and ammunition for the Carl-Gustaf M4, Saab writes in a press release.
In a separate press release, Saab writes that the company has signed a framework agreement with the Swedish Defence Materiel Administration regarding the Giraffe 1X radar system and has also received an order within the agreement valued at SEK 650 million "with immediate deliveries".
Saab shares rose 2.6 percent in early afternoon trading after the announcement and have more than doubled their market value since the turn of the year: up 126 percent.
