Saab has received an estimated $184 million order for a lightweight torpedo system from Sweden’s defense logistics agency.
The company willÂ develop, produce and deliver the torpedo fromÂ 2016 through 2024 in support of the Swedish armed forcesâ underwater systems, Saab said Friday.
Gorgen Johansson of Saab said the lightweightÂ torpedoÂ servesÂ asÂ replacement for Torpedo 45.
The new order is part of the letter of intent that Saab and the Swedish defense logisticsÂ agencyÂ inked in June 2014 and follows previous orders in July of that year and February 2015.
Saab said it has previouslyÂ provided underwater tools for weapon systems, sensors and autonomous orÂ remotely operated underwater vehicles to the agency.