Nammo has secured a contract for the delivery of small calibre ammunition from the Swedish Defence Material Administration.
The agreement is worth SEK 670 million ($67.04 million) and builds on an earlier framework agreement which was signed in 2017. Delivery of the ammunition to the Swedish Armed Forces will occur from 2020-2023.
Reijo Bragberg, VP for Small and Medium Calibre Ammunition at Nammo, said: ‘Customers like Sweden accept only the best, and also have some very specific requirements that we have to fulfill, so in our view this is a major achievement by Nammo’s product and manufacturing teams.’
The company is seeking to strengthen its relationship with Sweden following the formation of strategic partnerships with Finland and Norway.