Sweden is to buy two new submarines from constructors Saab Kockums. The A26 subs are to be delivered by 2022 and will cost up to SEK 8.2 billion ($945 million).
"This is the biggest single decision when it comes to economic investments that we will make during this parliament. The decision, to be formally made by the cabinet on Thursday, is to ensure Swedish submarine capability past 2030", stated Defence Minister Peter Hultqvist.
"These are the next generation of submarine. These submarines will be very hi-tech", he added.
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