Sweden to Invest in Two A26 Next Generation Subs
The Swedish Defence Ministry announced that it intends to invest in two submarines of next generation, A26.
The announcement on the investment of a total of SEK 8,2 billion was made by the Swedish Minister of Defence Peter Hultqvist in Karlskrona, Sweden.
Sweden will order the submarines from constructors Saab Kockums. The vessels should be delivered by 2022, according to Radio Sweden.
This agreement will be a part of an earlier signed Letter of Intent.
Minister Hultqvist added that the final agreement on the submarines will be made today.
Saab and FMV (The Swedish Defence Material Administration) signed a Letter of Intent in June 2014 regarding the Swedish Armed Forces’ underwater capability for the period 2015-2024. The Letter of Intent comprises support, development, design and production of submarines and other underwater systems, corresponding to potential orders of approximately SEK 11.2 billion, provided that necessary decisions are made.
Naval Today Staff, Image: Saab