Saab Signs Contract with FMV for Maintenance of Underwater Weapon Systems

Defence and security company Saab has signed a contract with the Swedish Defence Materiel Administration (FMV) for product support and maintenance of the Swedish Navy’s underwater weapon systems.The contract enables FMV to place orders for product support and maintenance of underwater weapon systems during the period 2017-2019, up to a total value of SEK 236 million. The contract comes under the terms of the Letter of Intent (LoI) between Saab and FMV that was announced on 9 June 2014. The LoI supports the Swedish Armed Forces’ underwater capabilities for the period 2015-2024. “This