Defence and security company Saab has received an order for explosive training artillery ammunition. The order amounts to approximately SEK 114 million and delivery will take place during 2015-2016.
Work on this order will be performed by Saab’s subsidiary Saab Bofors Dynamics Switzerland (SBDS), and includes the manufacture and delivery of explosive training artillery grenades. The work includes conversion of live rounds into training rounds with SBDS performing the technical alteration, the filling of the target marking and explosive components as well as the final assembling.
“This order is an endorsement of Saab’s world-class munitions facility in Switzerland, which provides products and services for business partners and Armed Forces around the world,” says Görgen Johansson, head of Saab’s business area Dynamics.
"This order is completely in line with our strategy to strengthen and extend our range of services. We have a well-proven track record of fulfilling a wide range of national and international service contracts within the field of munitions, the respective components and explosives,” says Stephan Kocher, head of Saab Bofors Dynamics Switzerland.
The industry’s nature is such that due to circumstances concerning the product and customer, further information about the customer will not be announced.
SBDS is an industry leader in the design, development and production of mortar rounds, warheads, less-lethal applications and other energetic products. The company is a specialist in total munitions life cycle management and provides servicing of different ammunition types, mainly for large-calibre products. SBDS operates as a subsidiary of Saab and is based in Thun, Switzerland where it maintains a start-of-the-art development and production site with advanced test and simulation facilities.
Source: Saab AB (OMX Stockholm: SAAB B)
Date: May 21, 2015