Poland inks order for three submarines from Sweden's Saab for $4.8 billion
Poland inks order for three submarines from Sweden's Saab for $4.8 billion
Mon, June 29, 2026 at 12:10 PM UTC
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STOCKHOLM, June 29 (Reuters) - Sweden's Saab said on Monday it had signed a 47 billion crown ($4.83 billion) contract with Poland for three A26-type submarines.
Saab said in a statement the contract also includes a weapon package and a training andsupport package with final deliveries scheduled for 2038.
Poland announced last year that it had chosen Saab to supply it with three submarines, in a multi-billion-dollar deal that forms a key element of Warsaw's efforts to bolster its defences in the Baltic Sea.
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"Sweden and Poland have successfully concluded negotiations on Poland's acquisition of three A26 submarines from Saab," the Swedish government said in a separate statement.
"The agreement is a significant step in strengthening Poland's naval capabilities and at the same time contributes to Sweden and Poland deepening their security and industrial policy cooperation," it said.
($1 = 9.7251 Swedish crowns)
(Reporting by Anna Ringstrom and Johan Ahlander, editing by Essi Lehto)
Source: “AOL Money”
