Sweden Bolsters Defence with Billion-Crown Artillery Ammunition Deals
Sweden's defence ministry has inked significant deals with Germany's Rheinmetall and Norway's Nammo, totaling over 5 billion crowns, to supply artillery ammunition. This strategic move aims to enhance Sweden and NATO's defense capabilities, including contracts for Archer artillery system and high explosive grenades.
- Country:
- Denmark
Sweden has secured defence agreements with major European contractors Rheinmetall and Nammo, valued at over 5 billion Swedish crowns, according to a statement from its defence ministry on Tuesday. This initiative significantly enhances the nation's artillery capabilities.
Rheinmetall Denel Munition, a German subsidiary, has agreed to a contract exceeding 4 billion crowns, focused on delivering artillery shells and propellant charges for Sweden's Archer artillery system. This is a notable investment aimed at fortifying Sweden's defense preparedness.
Moreover, Nammo, a Norwegian company, will supply high explosive extended range grenades for 1 billion crowns, further emphasizing Sweden's commitment to strengthening its military alliances with NATO. This deal illustrates the nation's proactive measures in boosting national security.
(With inputs from agencies.)
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- Rheinmetall
- Nammo
- NATO
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