- BAE Systems ( OTCPK:BAESY ) has been awarded two contracts for its Bofors 57mm 3P advanced ammunition in a combined procurement from both the Swedish Defence Materiel Administration and the Finnish Defence Forces Logistics Command.
- Sweden has ordered a large stock of the Bofors 57mm 3P advanced ammunition for an order value of ~$18M. It also has a contract option for additional quantities in 2023.
- Finland is also ordering a considerable stock of rounds of the ammunition, valued at ~$14M.
For further details see:
BAE Systems to provide Bofors ammunition to Sweden, Finland under $32M contracts