FMV's Order for Saab for Underwater Weapon System
Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) regarding design plans for a new lightweight torpedo (NLT). The order refers to the period 2014-2015 and amounts to the value of MSEK 43. The order is part of the letter of intent regarding the Swedish armed forces' underwater capability, which was announced on 9 June 2014. Saab has received an order from FMV regarding design plans for a new lightweight torpedo. This is the first step in developing a new lightweight torpedo. Final delivery of this order will be during 2015. "We are very pleased and proud to have the continued confidence to deliver torpedo weapon systems to FMV and the Swedish Navy in the commencement of the work to deliver the replacement for Torpedo 45"…
Saab Acquires ThyssenKrupp Marine Systems AB
Defence and security company Saab has today entered into an agreement with ThyssenKrupp Industrial Solutions AG regarding the acquisition of ThyssenKrupp Marine Systems AB (TKMS AB, formerly Kockums). The purchase price is MSEK 340. This acquisition is in line with Saab’s ambition to increase its capabilities in the naval domain. This move further strengthens Saab’s status as a comprehensive supplier of military systems. In April 2014, Saab and ThyssenKrupp Industrial Solutions AG signed a non-binding Memorandum of Understanding regarding the acquisition of the Swedish shipyard TKMS AB with operations based in Karlskrona, Malmö and Muskö, Sweden. The parties have now agreed that Saab will acquire TKMS AB. The purchase price is MSEK 340.
