Saab to supply Taurus KEPD 350 components
Saab has received an order worth $28 million from Taurus Systems to deliver components and hardware for the Taurus KEPD 350 stand-off missile system, the company announced on 4 April.
The order is an exercised option of a contract signed with Taurus Systems in 2014. Deliveries will take place during 2019-2020.
The advanced, modular stand-off Taurus KEPD 350 missile system has a range of more than 500kms. The system can be used for precision strikes against bunkers and other hardened, deeply buried targets as well as
high-value point and area targets such as large radar stations.
Görgen Johansson, head of Saab’s business area Dynamics, said: ‘The interest for this advanced weapon system is constantly growing and this order is in line with our business expectations.'Many air forces around the world are currently looking for weapon systems that can penetrate dense air defences on the ground and engage a variety of land targets with high precision. Taurus KEPD 350 is the right choice for many of these customers.’
More from Defence Notes
-
What the future holds for Ukraine and NATO under a Trump administration
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
-
RUSI deputy: UK needs longer procurement plans and improved awareness of US sift to Indo-Pacific
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
-
Australia outlines longer punch and brings local industry onboard
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
-
UK boosts defence budget by 5.3%, but is this enough?
The UK budget announced in Parliament on 30 October is the first by a Labour government in 14 years. While it sees a boost in defence spending, this comes in the face of fiscal challenges and the effects of inflation.
-
UK makes big moves to fix “broken” defence procurement system ahead of major review
The changes are intended to meet greater need and deliver more value for money.
-
US companies invest in production capabilities to satisfy DoD’s hunger for cutting-edge capabilities
BAE Systems, Booz Allen Hamilton and Lockheed Martin have been betting on new facilities and innovative manufacturing technologies to speed up the development of new solutions.