Saab gets order for recoilless rifle rounds

March 11, 2011 at 9:44 AM
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LINKOPING, Sweden, March 11 (UPI) -- Saab of Sweden has received a "significant" order to produce ammunition for the company's 84mm recoilless rifle.

The identity of the customer for the ammunition -- valued at more than $100 million -- for the M3 version of the Carl-Gustaf System wasn't disclosed.

Saab said deliveries will start in September and continue throughout 2012. The contract also includes an option that can give further orders for up to about $78 million, with deliveries in 2013.

"The order is of large value for Saab and is estimated to create approximately 40 new job opportunities within Saab's production unit in Karlskoga, as well as new jobs with our sub-suppliers," says Tomas Samuelsson, senior vice president and head of Saab's business area Dynamics.

The Carl-Gustaf system was introduced in 1946 but still proves to be a highly modern and capable ground support weapon. The system has successively been modernized and adapted to meet new requirements.

Additional contract details weren't disclosed.

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