Sweden and Ukraine sign Letter of Intent to jointly produce defence materiel in both countries
Sweden and Ukraine have agreed to deepen defence cooperation through the joint production of materiel, with manufacturing to take place in both countries.
Swedish industry companies launch Sferical AI to drive competitiveness in artificial intelligence
AstraZeneca, Ericsson, Saab, SEB and Wallenberg Investments have announced the launch of Sferical AI, a new company that will operate a sovereign AI supercomputer to help prepare Sweden’s leading industries for the age of artificial intelligence.
Lithuania discusses CV90 acquisition and local assembly opportunities with BAE Systems Hägglunds
Lithuanian Vice Minister of National Defence Orijana Mašalė has met representatives of BAE Systems Hägglunds in Sweden to discuss a potential acquisition of CV90 infantry fighting vehicles.
Roshel and Swebor to build Canada’s first ballistic steel plant with Swedish expertise
Canadian armoured vehicle manufacturer Roshel and Swedish steel producer Swebor signed a strategic partnership agreement to establish Canada’s first facility dedicated to ballistic-grade steel production.
Sweden to host NATO logistics headquarters in Enköping, operational by 2027
The Swedish Government has instructed the Armed Forces to offer NATO the opportunity to open a logistics headquarters in Sweden.
U.S. B-1B Lancer strategic bombers and Allied Gripens fly over Riga to showcase NATO’s unity and readiness
“The security of the Baltic States and NATO's Eastern flank is the cornerstone of the security of the entire Euro-Atlantic region,” said Latvian Minister of Defence Andris Sprūds.
Saab acquires Deform AB to strengthen supply chain for Blekinge-class submarine programme
Saab has acquired Deform AB, a forming company based in Degerfors, Sweden, to secure long-term supply of speciality parts for the defence sector.
Finland and Sweden place joint €15 million order with KNL for advanced CNHF manpack radios
The Finnish Defence Forces and the Swedish Defence Materiel Administration have jointly ordered KNL’s Cognitive Networked HF (CNHF) Manpack radios in a deal worth approximately €15 million.
Clavister and Saab announce cybersecurity partnership for defence systems
Clavister, a leading Swedish cybersecurity firm, has entered into a partnership with Saab to strengthen cyberdefence capabilities within Saab’s cross-domain solutions.
Saab delivers strong Q2 2025 results with high growth and strengthened market position
Saab has published its financial results for the first half of 2025, highlighting robust growth in sales and earnings across all business areas.
Swedish submarine receives heavy torpedoes in first-ever allied re-supply operation
A Swedish submarine recently docked at a rockface on the far side of the Baltic Sea, where Finnish Army logistics personnel were on hand to load torpedoes.
Nordic Air Defence raises $3 million to expand operations and advance drone defence technology
Swedish defence technology firm Nordic Air Defence (NAD) has raised $3 million in an expanded pre-seed funding round, bringing the total raised to $4.4 million.