Member news

27 Jun 2024

Saab signs contract with Swedish FMV for a third GlobalEye

Saab has today signed a contract with the Swedish Defence Materiel Administration (FMV) regarding delivery of a third GlobalEye airborne early warning and control aircraft to Sweden. The order value is approximately SEK 2.6 billion and the delivery period is 2024-2029. The order is based on an option included in Saab’s contract with FMV from …

10 Jun 2024

Timars signs strategic contract with the Swedish Armed Forces

Timars is proud to announce a strategic contract with the Swedish Armed Forces – FMV for the delivery of transport solutions. – “This agreement is set to boost our revenue by approximately 30% and will lead to substantial investments in personnel, materials, and machinery,” says Fredrik Janstorp, CEO at Timars. The contract, commencing in 2025 …

31 May 2024

Saab receives large order for defence equipment

Saab has today received an order from the Government of a Western country for a number of defence systems and equipment. The order value is approximately SEK 7.7 billion with deliveries planned 2027-2028. The order includes systems and equipment from Saab’s business areas Dynamics and Surveillance. Due to the nature of the industry, circumstances concerning …

29 May 2024

Avioniq signs framework agreement with Team Hypersonics (UK)

29 May 2024, Kista, Sweden: Avioniq is pleased to announce that it has been selected to join the UK Ministry of Defence’s Hypersonic Technologies & Capability Development Framework (HTCDF) agreement. The £1 billion HTCDF effort, led by the MoD’s Team Hypersonics (UK), aims to rapidly develop advanced hypersonic missile capabilities for the UK over the next seven …

21 May 2024

Carmenta partners with BAE Systems Hägglunds in project that aims to integrate autonomous drones in CV90

Carmenta and BAE Systems Hägglunds, together with hardware UAV manufacturer Airolit, have partnered to develop a solution with the objective of integrating autonomous drone surveillance capabilities into combat vehicle – CV90. The objective is extended sensor reach and situational awareness. In the project, Carmenta has developed a demonstrator for advanced 3D mission planning of autonomous …

25 Apr 2024

Saab receives order for Gripen development resources

Saab has received an order from the Swedish Defence Materiel Administration (FMV) to support future development of the Gripen system. The order is valued at SEK 540 million and pertains to work during the 2024 business year. The order from FMV is an extension of the existing contract and enables continued development of the Gripen …

9 Apr 2024

British Army signs new contract for Saab Instrumented Live Training capability

Saab has signed an initial three-year contract with the UK Ministry of Defence, for the provision of support to Live Simulation systems with ILT-D (Instrumented Live Training), valued at £60M and options to extend until 2030. The ILT-D contract, replaces the previous DFWES (Direct Fire Weapon Effect Simulator) contract. ILT-D supports high fidelity systems that …

3 Apr 2024

Saab receives equipment order for Gripen

Saab has received an order from the Swedish Defence Materiel Administration (FMV) for the procurement of additional LITENING 5 target designator pods, including maintenance capabilities. The order is valued at SEK 390 million. LITENING 5 is used in the precision designation of targets through laser targeting and target tracking. FMV previously ordered this version of …

26 Mar 2024

Saab receives order for Arexis sensor suite for German Eurofighters

Saab has received an order from Airbus Defence and Space for the Arexis Electronic Warfare (EW) sensor suite. The contract period is 2024-2026. The German defence procurement office announced in June 2023 that it had selected Saab’s Arexis sensor suite for the Eurofighter EK, an EW variant of the German Air Force’s Eurofighter aircraft. This …

25 Mar 2024

Saab receives order for Carl-Gustaf from NATO Support and Procurement Agency

Saab has received an order for the man-portable, multi-role weapon system Carl-Gustaf® from the NATO Support and Procurement Agency (NSPA). The order value is approximately EUR 60 million (SEK 700 million) and the contract period is 2024-2027. The order is placed on behalf of four NATO member nations within a framework agreement between Saab and …

22 Mar 2024

GKN Aerospace receives order for Swedish future fighter power and propulsion concept studies

GKN Aerospace has received an order from the Swedish Defence Materiel Administration (FMV) to develop conceptual studies for advanced power and propulsion systems to support future fighter systems. The agreement runs for two years, from 2024 to 2025, with the potential for a follow-on phase beyond. The contract covers conceptual studies of power and propulsion …

21 Mar 2024

BAE Systems secures contract for Mid-Life Upgrade of the Danish CV90 fleet

21 Mar 2024 BAE Systems has signed a contract with the Danish Ministry of Defence Acquisition and Logistics Organisation (DALO) for the Mid-Life Upgrade (MLU) of the Danish CV90 fleet, ensuring the vehicles’ performance for many years to come. This MLU contract follows the previously signed framework agreement regarding repair and maintenance services. Under the …