Saab Receives Carl-Gustaf Order from US Army

Saab has announced it received a $100 million (930 MSEK) order for Carl-Gustaf ammunition and AT4 systems from the U.S. Army.

The order was booked in Q2 2020. The deal was placed within an indefinite delivery and quantity agreement signed in 2019, enabling the customer to place orders for Carl-Gustaf ammunition and AT4 systems during a five-year period to a value of up to $445 million. The AT4 systems and the Carl-Gustaf munitions in this order will be operated by the U.S. Army, Marine Corps, and Special Forces Command.

Deliveries will take place in 2021.

Since 1987, Saab has delivered more than 600,000 AT4s, both directly and under license, to the U.S. Armed Forces. The Carl-Gustaf system has been a program of record in the U.S. since 2013, and in 2018, the U.S. Army announced it would acquire the latest version of the system – the Carl-Gustaf M4 (designated M3E1 in the U.S.) with a reduced weight of less than 15 pounds (7 kilos).