Peab awarded SEK 258 million contract to build testing and inspection facilities for BAE Systems Hägglunds

By Martin Chomsky (Defence Industry Europe)

Peab has received a further commission from BAE Systems Hägglunds AB in Örnsköldsvik for the construction of new facilities for testing and final inspection, with the contract valued at SEK 258 million.
Image: BAE Systems Hägglunds.

Peab has received a further commission from BAE Systems Hägglunds AB in Örnsköldsvik for the construction of new facilities for testing and final inspection, with the contract valued at SEK 258 million.

 

Peab is already building testing facilities and offices in Örnsköldsvik for BAE Systems Hägglunds AB, a global defence industry company, under an original agreement that included several options for additional assignments, some of which have now been partially exercised.

“Peab has extensive experience of working with both large industrial projects in northern Sweden and projects with high security requirements. We therefore look forward to continuing to work in Örnsköldsvik and are proud that BAE Systems Hägglunds AB has chosen to expand our contract,” said Anders Gard, Managing Director of Peab Industribyggnad i norr AB.

 

 

“We’re happy with our collaboration in ongoing projects and look forward to the next step we’re taking with Peab to create an inspiring and functional work environment for our employees. Demand is on the rise and we’re working intently to increase our capacity, and this is where Peab has a vital and responsibility-laden job to do. The new buildings will be another step in our expansion and continued development here in Örnsköldsvik,” said Peter Sedin, Director Operations at BAE Systems Hägglunds.

The assignment will be carried out as a turnkey contract in partnering, with the original works having started in spring 2025 and completion expected in January 2028.

The contract value will be recognised in Peab’s order intake for the first quarter of 2026.

 

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