European Defence Agency Orders Carl-Gustaf Ammo From Saab

Saab has signed a contract with the European Defence Agency (EDA) for the production and delivery of Carl-Gustaf ammunition. Deliveries will take place during 2017.

The order comes under the terms of Saab´s framework agreement signed between Saab and EDA in 2014, allowing for the co-ordinated purchase of Carl-Gustaf ammunition by the agency member states Estonia, Latvia, Lithuania, the Czech Republic and Poland, the company said in a statement Monday.

The agreement is in effect for five years, with a possible extension of two further years. The framework provides for potential orders of approximately SEK 460 million.