Saab awarded $46 million contract for Carl-Gustaf weapon systems

12:00 AM, June 22, 2010
5224

Defence and security company Saab has signed a contract for components to the Carl-Gustaf man-portable weapon system. The total value of the order is MSEK 357. “This is very positive and it further proves the capability of the Carl-Gustaf system which until now has been exported to more than 40 customers around the world”, says Tomas Samuelsson, Head of business area Dynamics within Saab. Delivery will take place during 2010-2011. At the request of the customer, further details regarding the contract will not be announced. The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on 21 June at 14.00.

Saab awarded $46 million contract for Carl-Gustaf weapon systems

Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter

Are Helicopters Giving Way to Drones as Combat Platforms?

NATO’s Intensified Exercises a Prep to Attack Russia?

Precision in the Skies: The Evolution of Loitering Munitions

Is the Patriot Air Defense System Outdated?

Russia's Growing Influence in Africa: Arms Sales and Military Bases