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Business/Financial

Saab Wins European Defence Agency Contract For Carl-Gustaf Ammunition

Monday, January 25th, 2016

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Saab Wins European Defence Agency Contract For Carl-Gustaf Ammunition

Carl Gustaf Weapon System photo: Saab

Saab AB signed a contract with the European Defence Agency (EDA) for production and delivery of Carl-Gustaf ammunition, the company said Monday.The contract order is operating under the terms of Saab's framework agreement the company signed with the EDA in 2014. The agreement allows for the coordinated purchase of Carl-Gustaf ammunition by agency member states Estonia, Latvia, Lithuania, the Czech Republic, and Poland (Defense Daily, July 9, 2014).The agreement is in effect for five years but may be extended up…

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