Article Posted on : - Nov 19, 2014

A file photo.

SWEDEN (BNS): Saab has signed a contract comprising missile subsystems amounting to approximately USD33.87 million.

"This order is yet another acknowledgement of our broad competence and expertise within missiles and we will continue to develop and refine our products and systems in this area," Görgen Johansson, Head of Saab's business area Dynamics, was quoted as saying in the company news release.

Deliveries will take place during 2015-2022.

Saab is a significant supplier of high-performing and cost-effective missile systems and components for air, land and naval operations. The strong product portfolio includes RBS 70, RBS 70 NG, NLAW and RBS15 missile systems.