Australia orders ammunition from Saab

Nov. 11, 2011 at 12:27 PM

STOCKHOLM, Sweden, Nov. 11 (UPI) -- Saab of Sweden reports it has a received a $23.9 million ammunition order from Australia for the man-portable Carl-Gustaf M3 weapon system.

The order from the Australian Defense Materiel Organization is for 84mm Carl-Gustaf ammunition.

"This shows the high level of trust Australia has for the Carl-Gustaf system," said Tomas Samuelsson, head of Saab's Dynamics business area. "It is a strategic and important contract securing production as well as contributing to further development of the system."

The Carl-Gustaf is a man-portable shoulder-fired weapon. Australia selected the system for its troops in 2009. Saab has exported it to more than 40 nations.

Manufacturing for the contract will be done by Saab in Karlskoga, Sweden, and deliveries are to take place within six months.

Saab serves the global market with world-leading products, services and solutions ranging from military defense to civil security.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Momentum builds behind giant Norwegian oil field
Hess completes Bakken joint venture
New oil expected offshore New Zealand
California driving global low-carbon effort
Whole Foods apologizes for overcharging customers