This initiative strengthens Sweden’s alignment with NATO allies, such as Germany and Norway, which are also upgrading their armoured capabilities. FMV Director-General Göran Mårtensson highlighted that the modifications enhance interoperability with NATO forces while reducing reliance on bespoke Swedish solutions.
The Stridsvagn 122, introduced in the 1990s, has been a cornerstone of Sweden’s armoured fleet. The new and upgraded Stridsvagn 123 tanks, although visually similar to their predecessors, feature advanced technologies to meet contemporary and future battlefield demands. Their design continuity reduces logistical complexity and lowers lifecycle costs.
“The Stridsvagn 123A and 123B models will be among the most advanced tanks in the world,” Mårtensson stated. Key upgrades include a new weapon system, enhanced sights, improved digital systems, and strengthened protection for the crew.
The upgraded tanks will feature longer barrels for greater firepower, programmable ammunition, and reinforced armour. A new track system will support the increased weight of the vehicles. Deliveries of the Stridsvagn 123A are scheduled for 2027–2030, with the 123B tanks arriving from 2028–2031.
The initiative replaces heavy equipment previously donated to Ukraine, including tanks, artillery, and combat vehicles. Sweden’s Defence Minister Pål Jonson remarked that this contract represents the country’s most significant defence upgrade since the 1950s, addressing the deteriorating security situation in Europe.
The Swedish government has allocated over €2 billion (22 billion SEK) to upgrade its military capabilities, focusing on tanks and other armoured vehicles. This includes the modernisation of the Stridsfordon 90 fleet, which will be completed by 2030 at a cost of over €430 million (5 billion SEK).
Jonson emphasised the strategic importance of the investment, noting that it would equip Sweden’s mechanised brigades and the Gotland battlegroup with state-of-the-art equipment. The modernisation ensures the existing Stridsvagn 122 tanks are upgraded to the technical level of the new Stridsvagn 123 models.
“This significant investment secures Sweden’s ability to face emerging threats,” Jonson stated, describing it as a cornerstone of Sweden’s largest defence build-up in decades.