The planned investment will be co-financed by the Swedish state and the European Union under the ASAP framework. The realization of the final contract is contingent upon the EU allocating funds in the first quarter of 2024, following a competitive evaluation of various project proposals.
Jonas Lotsne, head of FMV’s Army Materiel business area, commented on the importance of this step: “We are now taking another crucial step to accelerate investments in industrial production capacity. This will shorten delivery times, increase our ability to support Ukraine, and in the long term, strengthen the supply security of artillery ammunition in Sweden and the Nordic region.”
This initiative represents the third phase in a comprehensive effort to boost the production of artillery ammunition and continue supporting Ukraine. The project is part of the NORDEFCO (Nordic Defence Cooperation) framework, led by FMV. The Nordic countries have previously signed a cooperation agreement and placed orders to facilitate ammunition donations to Ukraine.