Saab Secures SEK 2.1 Billion Order for Advanced Air Defence System in Latvia

Saab Secures SEK 2.1 Billion Order for Advanced Air Defence System in Latvia

(IN BRIEF) Saab has signed a framework agreement with the Latvian Ministry of Defence for its RBS 70 NG short-range ground-based air defence system, receiving an order valued at SEK 2.1 billion. The order includes firing units, missiles, and trainer units, with deliveries planned from 2026 to 2030. The advanced RBS 70 NG system features an automatic target tracker and an integrated night sight, allowing it to effectively detect and engage threats like aircraft, drones, and missiles up to nine kilometres away. According to Görgen Johansson of Saab, this system will significantly bolster the Latvian National Armed Forces’ capability to counter aerial threats.

(PRESS RELEASE) STOCKHOLM, 1-Apr-2025 — /EuropaWire/ — Saab has secured a framework agreement with the Latvian Ministry of Defence for its advanced short-range ground-based air defence system, RBS 70 NG, and has received an order valued at SEK 2.1 billion. Deliveries of the system are scheduled to take place between 2026 and 2030. The contract covers not only the RBS 70 NG firing units and missiles but also trainer units designed to support effective system operation.

Görgen Johansson, head of Saab’s business area Dynamics, commented, “Saab continues to support the Latvian National Armed Forces with a strong ground-based air defence capability which will significantly enhance its crucial ability to detect and engage aerial threats.” The RBS 70 NG system is equipped with an automatic target tracker and a built-in night sight, enabling it to counter various aerial threats such as aircraft, drones, and missiles from distances of up to nine kilometres.

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable 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.

The information is such that Saab AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 31 March 2025 at 13.20 (CET).

Media Contact:

Mattias Rådström
Head of Media Relations
+46 (0)734 180 018
mattias.radstrom@saabgroup.com

SOURCE: SAAB