Saab Signs Contracts for A26 Submarines and Mid-life Upgrade for Gotland-class Submarines
Defence and security company Saab has signed contracts with the Swedish Defence Materiel Administration (FMV) for the construction of two new Type A26 submarines and a mid-life upgrade for two Gotland-class submarines. The orders, signed with FMV today, cover the period 2015-2024 and the total order value is SEK8.6 billion.Saab will construct, verify and deliver two new Type A26 submarines for the Swedish Navy to a total order value of SEK7.6 billion. Deliveries will start in 2022 and be finalized in 2024. Saab will also conduct a mid-life upgrade on two of Sweden's existing Gotland-