Saab Secures SEK 2.9 Billion Contract from FMV for Future Fighter System Concept Work
Saab has received an order from the Swedish Defence Material Administration (FMV) for continued concept work on a future fighter system. The order is valued at approximately SEK 2.9 billion and covers the period 2026-2028.
Saab has been awarded a contract by the Swedish Defence Material Administration (FMV) for further concept development related to a future fighter system. The order value is approximately SEK 2.9 billion (roughly USD 270 million).
The contract period spans from 2026 to 2028, with options for an extension into 2029. This work will focus on advancing the technological capabilities and exploring potential system architectures for next-generation aerial combat.
This agreement reinforces Saab's position in the defense sector, particularly in the development of advanced combat aircraft technologies. The company has a significant track record in delivering complex defense systems to multiple nations.
The FMV is responsible for Sweden's defense procurements and material development. Such concept studies are crucial for ensuring the nation's long-term defense capabilities in response to evolving geopolitical landscapes.