Latest news with #FMV
Yahoo
4 days ago
- Business
- Yahoo
Royal Thai Air Force confirms selection of Saab's Gripen E/F
STOCKHOLM, June 4, 2025 /PRNewswire/ -- The Royal Thai Air Force has today confirmed its selection of the Saab Gripen E/F as its new future multi-role fighter. Saab and the Swedish Defence Materiel Administration (FMV) will now follow the next steps in the procurement process with the Kingdom of Thailand. At this point Saab has not signed a contract nor received an order relating to this announcement. In addition to Gripen E/F fighter aircraft and associated equipment, Saab's offer also includes a long-term offset package. This will benefit the national security and strategic independence of Thailand, while also bringing new jobs and investments to a range of Thai society sectors. The details are yet to be determined. "We welcome the Royal Thai Air Force's selection of Gripen E/F as its future fighter and look forward to the next steps in this procurement process. Gripen E/F is the best solution to provide Thailand with independent airpower for the future which will contribute significantly to the nation's safety and security," says Micael Johansson, President and CEO of Saab. Thailand has been operating Gripen C/D since 2011. Contact Saab Press Centre+46 (0)734 180 018presscentre@ Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations. This information was brought to you by Cision The following files are available for download: Royal Thai Air Force confirms selection of Saab’s Gripen EF Saab Gripen E View original content: SOURCE Saab Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Royal Thai Air Force confirms selection of Saab's Gripen E/F
STOCKHOLM, June 4, 2025 /PRNewswire/ -- The Royal Thai Air Force has today confirmed its selection of the Saab Gripen E/F as its new future multi-role fighter. Saab and the Swedish Defence Materiel Administration (FMV) will now follow the next steps in the procurement process with the Kingdom of Thailand. At this point Saab has not signed a contract nor received an order relating to this announcement. In addition to Gripen E/F fighter aircraft and associated equipment, Saab's offer also includes a long-term offset package. This will benefit the national security and strategic independence of Thailand, while also bringing new jobs and investments to a range of Thai society sectors. The details are yet to be determined. "We welcome the Royal Thai Air Force's selection of Gripen E/F as its future fighter and look forward to the next steps in this procurement process. Gripen E/F is the best solution to provide Thailand with independent airpower for the future which will contribute significantly to the nation's safety and security," says Micael Johansson, President and CEO of Saab. Thailand has been operating Gripen C/D since 2011. Contact Saab Press Centre+46 (0)734 180 018presscentre@ Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations. This information was brought to you by Cision The following files are available for download: Royal Thai Air Force confirms selection of Saab’s Gripen EF Saab Gripen E View original content: SOURCE Saab
Yahoo
31-03-2025
- Business
- Yahoo
Sweden sends military aid package worth US$1.6bn to Ukraine
Sweden has announced the transfer of its largest military aid package to Ukraine, worth almost US$1.6 billion. Source: Swedish Defence Minister Pål Jonson, as reported by European Pravda Details: Jonson said that the package includes support for Ukraine's air defence, artillery, satellite communications, and maritime capabilities. The government intends to authorise the Swedish Defence Materiel Administration (FMV) to purchase defence equipment from the Swedish, Scandinavian and European defence companies for the Armed Forces of Ukraine, based on Ukraine's needs. The selection of equipment will be based on FMV's ongoing analysis of the market's ability to produce the required equipment with short delivery times. Jonson added that as part of this package, Sweden would purchase new equipment worth about US$912 million from the defence industry. "Much of the international military support goes through multilateral initiatives, coalitions within the Ukraine Defence Contact Group, and purchases from Ukrainian defence industries for donations. Sweden will donate about US$465 million to these funds and initiatives," he said. The support package envisages strengthening cooperation with Denmark within the established model of support for the Ukrainian defence industry. The support package also includes the delivery of equipment from the Swedish Armed Forces. In particular, the following equipment will be handed over to Ukraine: Medical vehicles; Training weapons for firing M86 armour-piercing projectiles; Machine guns of the M58 type; Small calibre ammunition; About 100 vehicles of various types for maintaining the airbase; Basic and skilled equipment to support the airbase activities; Medical equipment and vehicles; Individual equipment; Equipment and provisions. As part of the support package, funds are allocated to identify and utilise technical innovations that require additional funding to complete and launch production. The FMV is tasked with identifying, testing and financing solutions that are in demand in Ukraine but need to be refined for use in wartime. The work will be based on specific demand and a short timeframe. Background: Last week, the Swedish government instructed the Swedish Armed Forces to make payments to coalitions of forces and assets in the areas of demining and unmanned aerial vehicles under the Ramstein format. On 13 March, Sweden announced that it would purchase Archer self-propelled artillery systems and Arthur counter-battery radars for Ukraine as part of the 18th military support package. Support Ukrainska Pravda on Patreon!
