Saab receives EUR 14 million order from the Swedish Defence Material Organisation as part of the Torpedo 62 life extension programme

(PRESS RELEASE) STOCKHOLM, 16-Dec-2021 — /EuropaWire/ — Saab AB (STO: SAAB-B), leading company in the military defence and civil security markets, has announced a new order worth of SEK 145 million (EUR 14 million) from the Swedish Defence Material Organisation (FMV) for the next phase of the life extension programme of Torpedo 62 with deliveries expected to take place by the end of 2023.

The order includes pre-studies and engineering which incorporates subsystem prototypes for improvements of the current torpedo.

“This order helps to develop a more capable torpedo system for the future. We are looking forward to continue evolving one of the Swedish Navy’s main weapon systems,” says, Görgen Johansson, head of Saab’s business area Dynamics. 

Production and development will take place in Linköping and Motala.

The life extension programme for the Swedish Navy’s heavyweight torpedo was first signed in 2020. Torpedo 62 is a heavyweight torpedo system for surface and underwater targets. Torpedo 62 is equipped with an advanced propulsion system with high capacity and long endurance, combined with an advanced target seeker, developed for the Swedish Navy’s operational area.

For further information, please contact:
Saab Press Centre,
+46 (0)734 180 018
presscentre@saabgroup.com

www.saab.com
Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 18,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems.

Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

SOURCE: Saab