saab

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Sweden moves ahead on next-generation Visby corvettes

Saab and the Swedish Defense Materiel Administration (FMV) have signed two agreements relating to Sweden’s next generation of surface ships and corvettes. The agreements are worth SEK 190 million (about $23 million)

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Saab completes Kockums acquisition

JULY 23, 2014 — Saab has completed its acquisition of Swedish shipbuilder Thyssen Krupp Marine Systems AB and restored its historic Kockums branding as Saab Kockums, a unit within Saab’s business area