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Saab Receives Order from FMV for Underwater Weapon System

Issue 54

Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) regarding design plans for a New Lightweight Torpedo (NLT). The order refers to the period 2014-2015 and amounts to the value of MSEK 43. The order is part of the Letter of Intent regarding the Swedish armed forces’ underwater capability which was announced on June.

Saab has received an order from FMV regarding design plans for a New Lightweight Torpedo. This is the first step in developing a new lightweight torpedo. Final delivery of this order will be during 2015.

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