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Sweden’s Saab to Study New Submarine Technology


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Swedish defence group Saab (SAABb.ST) said on Tuesday it had signed a deal with the Swedish Defence Material Administration (FMV) to study new technologies for submarines and other equipment for use under water.

The studies were “preparatory in nature”, Saab said in a statement.

“Underwater capabilities are of vital interest for Sweden. Saab’s submarines are among the most modern conventional submarines in the world and a key capability for Sweden,” a spokesperson for the company said in a statement.

Sweden has a history of developing its submarine designs and technology development by refining and adding new technologies to already existing solutions, according to Saab.

Source : Reuters

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