30.06.2014 - 05:25 [ Bloomberg ]

Saab Agrees to Buy ThyssenKrupp’s Swedish Submarine Unit

Saab’s new marine unit got its first business on June 9, when it signed a letter of intent with FMV on contracts worth a total of about 11.7 billion kronor for two new submarines and upgrades of two vessels currently in service. On the international submarine market, the Saab-built A26 will compete with ships from ThyssenKrupp’s HDW, which makes the Type 214 diesel-electric sub.