Saab receives $900 million order to equip German navy frigates (updated)
16/07/2026 11:06
UPDATE 1-Saab receives $900 million order to equip German navy frigates Adds delivery detail in paragraph two, context in paragraph three
HELSINKI, July 16 (Reuters) - Sweden's Saab SAABb.ST said on Thursday it has received an 8.7 billion Swedish crowns ($905 million) order from Germany's TKMS to provide combat systems, composite structures and sensors for four German Navy frigates.
The deliveries for Germany's new MEKO A-200 DEU class frigates will take place between 2029 and 2032, Saab said.
Germany approved the procurement of four frigates earlier this month as it seeks to strengthen its naval capabilities.
($1 = 9.6139 Swedish crowns)
(Reporting by Essi Lehto, editing by Terje Solsvik)
((essi.lehto@thomsonreuters.com; +358 50 541 2375))
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