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Rolls-Royce signs agreement to sell Commercial Marine business to KONGSBERG

Rolls-Royce announced today that it has signed an agreement to sell its Commercial Marine business, to KONGSBERG, for an enterprise value of £500m and net proceeds of around £350m to £400m. KONGSBERG, headquartered in Kongsberg, Norway, is an international, knowledge-based group delivering high technology systems and solutions to clients within the oil and gas industry, …

Saab Receives U.S. Government Order for Carl-Gustaf Ammunition, #Saabgroup

Saab has received an ammunition order from the Department of Defense (DoD) for the Carl-Gustaf® man-portable weapon system. The order value is approximately $16 million (MSEK 135). The order is placed under the terms of contract H92222-14-D-0008 originally announced with DoD in August 2014 for the 84-mm recoilless rifle system known in the U.S. as …

Saab Receives Order for Naval Radars

Saab has signed a contract for delivery of the multi-role naval radar Sea Giraffe AMB and associated equipment including spare parts. The work for the initial phase of the contract will be carried out during the period of 2018-2019. The contract also includes options for more than 10 additional Sea Giraffe AMB. “This order is …

Saab and Damen announce partnership for the Tamandaré Class Corvette

Saab and Damen Schelde Naval Shipbuilding have come together to compete for the project that will supply four Tamandaré Class Corvettes (CCT) for the Brazilian Navy. The companies are world-leading in the development of naval solutions. Saab will provide, in case the partners’ proposal is chosen by the Brazilian Navy, the complete combat system including …

HSwMS Gotland Relaunched After Mid-Life Upgrade

After a comprehensive mid-life upgrade (MLU) to meet tomorrow’s naval challenges, HSwMS Gotland has been relaunched and is ready to start her sea trials. Strategically important in a nation’s defence, submarines are designed to operate for decades in challenging environments whilst remaining adaptable given the advance of technology and future threats. To keep them at …

UK Ministry of Defence extends contract with 4C Strategies for EXONAUT® support to British Army Readiness and Training Management

4C Strategies is pleased to announce that the UK Ministry of Defence (MoD) has exercised an extension option within its contract with 4C Strategies to deliver Exonaut® to support Military Readiness and Training & Exercise Management, which has the effect of extending the contract for an additional two years. 4C’s software suite Exonaut provides the …

Verifiera AB

Verifiera AB provides on-line based background controls of persons and legal entities in preparation for employments, procurements and collaborations in general. Verifiera AB obtains documents from all Swedish courts, public prosecution authorities, police and other relevant government agencies as well as information from credit rating companies. Furthermore, Verifiera AB provides complete profession-based registers of, amongst …