Saab to boast Finland’s air defence capability with its latest version of the RBS 70 missile

Saab to boast Finland’s air defence capability with its latest version of the RBS 70 missile

(PRESS RELEASE) STOCKHOLM, 22-Dec-2022 — /EuropaWire/ — Saab AB (STO: SAAB-B), leading company in the military defence and civil security markets, has announced a new order from Finland for the delivery of missiles to be used in the RBS 70 ground-based air defence system. The order value is approximately SEK 800 million (~ EUR 73 million) and deliveries will take place between 2023 and 2026.

The order includes Saab’s latest version of the RBS 70 missile, Bolide, which enables engagement with airborne armored targets and drones. The missile will be used with Finland’s current RBS 70 systems, which have been in use in the country for more than 15 years. In Finland the system is referred to as ITO05 and ITO05M (Ilmatorjuntaohjus 05).

“We are proud to continue contributing to Finland’s air defence capability with our future-proof Bolide missile, which can be used against a wide range of threats,” says Görgen Johansson, head of Saab’s business area Dynamics.

Saab’s portfolio of short-range, ground-based air defence missile systems includes the RBS 70 and the latest version, RBS 70 NG. The RBS 70 has an impressive track-record on the market with more than 1,600 launchers and over 18,000 missiles delivered to 19 nations.

For further information, please contact:

Saab Press Centre,
+46 (0)734 180 018,
presscentre@saabgroup.com

www.saab.com
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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 AB