Sweden Bolsters Defense with $916M Air Defense Deal
- On Thursday, Defense Minister Pal Jonson announced Sweden will purchase air defense and anti-drone systems worth 8.7 billion Swedish crowns from Saab and BAE Systems.
- Sweden is racing to bolster defenses following Russia's invasion of Ukraine, with military spending projected to hit 2.8% of GDP in 2026 as the nation broadens air protection beyond military units.
- The package includes the Gute II radar-and-cannon system and Sisu infantry mobility vehicles, while Saab's anti-drone platform costs 2.6 billion crowns and detects small- to medium-sized drones.
- Jonson said the systems will help "better protect population centres, critical infrastructure, such as ports, railway hubs, nuclear power plants or airports," noting their proven effectiveness against Shahed drones used by Russia and Iran.
- Deliveries of new equipment are expected by 2027 and 2028, as military spending is projected to rise to 3.5% of GDP by 2030 to address ongoing security challenges.
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The Swedish government announced today that it will invest 8.7 billion kronor, or just under 795 million euros, in air defense and drone defense systems. According to Defense Minister Pal Jonsson, this will follow NATO guidelines to significantly strengthen member states' capabilities in this area.
The Swedish government announced on Thursday that it would invest over $900 million in anti-aircraft and anti-drone capabilities.
Sweden will buy air defence and anti-dron systems for the amount of 8.7 billion Swedish crowns ($916 million) from companies such as Saab and BAE Systems, announced by the Ministry of Defence.
Sweden to buy air defence systems for 8.7 billion crowns, defence minister says
STOCKHOLM, April 2 - Sweden will buy air defence and anti-drone systems worth 8.7 billion Swedish crowns ($916 million) from among others Saab and BAE Systems, the country's defence minister said on Thursday. Read more at straitstimes.com.
The Swedish Defence Materiel Administration (FMV) has entered into an agreement to purchase air defense systems to build up Sweden's defense against drone warfare. The agreements with Bofors and Saab, among others, are worth a total of 8.7 billion kronor.
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