BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Saab (SAABb.ST) and the French General Directorate of Armaments, Direction générale de l'Armement, have signed a contract regarding Saab's Next Generation Light Anti-tank Weapon. Deliveries are scheduled 2026-2030. The order includes NLAW weapons as well as indoor and outdoor trainers.
NLAW is Saab's combat proven anti-tank weapon used by nations including Sweden, the United Kingdom and Finland. Its smart guidance system means one soldier can take out any modern main battle tank with a single shot.
At last close, Saab shares were trading at 502.90 Swedish kronor, down 3.59%.
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