: :inin Kyiv (EET)

Saab targets submarine sales as Russia tensions lift demand


Gripen warplane manufacturer Saab is targeting a quarter of the 40 to 50 submarine sales for which it sees demand from accessible markets in coming years following a foray into naval vessels.“We can perhaps win contracts from three to four countries, or some 12 submarines, over 10 or 15 years,” chief executive officer Hakan Buskhe said in an interview, highlighting pending fleet renewals in Poland and the Netherlands.Founded as a plane maker in 1937, Stockholm-based Saab added submarines and corvettes to its product portfolio with the 340mn-krona ($38mn) purchase of ThyssenKrupp’s Swedish marine unit Kockums 2 1/2 years ago. The …read more

Source: Gulf times

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