Defence and security company Saab has received orders from the Swedish Defence Materiel Administration (FMV) regarding construction and production plans for the next generation submarines and to conduct a mid-life update of two Gotland-class submarines. The orders refer to the period 2014-2015 and the order value amounts to MSEK 467. In addition, the parties have signed a Letter of Intent regarding the Swedish armed forces’ underwater capability.
The Letter of Intent refers to the period 2015-2024 and includes potential orders of approximately SEK 11.2 billion.
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