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Saab receives order for RBS 70 NG from Finland

Source: PR Newswire

Infrastructure & DefenseCompany Fundamentals

Saab won a contract from Finland’s Defence Forces Logistics Command for deliveries of the RBS 70 NG air defence solution, with an initial order value of SEK 1.2 billion. The deal is also structured to allow Finland to place additional orders under the new contract. Overall, this is a modest positive near-term order-flow update for Saab.

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