Armed By US$361 Million Contract, Saab To Provide Air Force, Navy With New Anti-Ship Missile

April 03 2017

Sweden

The Swedish Defense Materiel Administration (FMV) has awarded Saab a contract to develop and manufacture a next-generation anti-ship missile system, reports the Swedish defense firm.

The deal is worth US$361 million, with deliveries scheduled from 2017 to 2026.

The new anti-ship missile will be developed in both air-launched and ship-launched configurations and integrated with new Gripen E fighters and Visby-class corvettes, said company officials in a release on Friday. ...

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