Sweden to Sign $4 Billion Frigate Deal with French Company
Sweden plans to sign a $4 billion agreement for frigates from a French defense firm. The contract represents the country's largest military procurement since the 1980s.
Sweden is preparing to sign a $4 billion contract for frigates with a French defense company. The agreement marks Sweden's largest military investment since the 1980s.
The deal covers the acquisition of new frigates for the Swedish navy. Officials have not released further specifications on the number of vessels or delivery timeline.
Has increased defense spending in recent years amid regional security concerns. The frigate purchase continues that trend of expanded military procurement.
Key Facts
Potential Impact
- 01
Swedish navy will receive new frigates under the contract.
- 02
French defense company gains a major export order.
Transparency Panel
Related Stories
The GuardianWHO Chief Visits DRC as Ebola Death Rate Reaches 30-50%
World Health Organization director-general Tedros Adhanom Ghebreyesus arrived in the Democratic Republic of the Congo to support containment of a new Ebola outbreak. The agency revised the death rate to 30-50% based on confirmed cases and recorded 10 confirmed and 223 suspected d…
westernjournal.comGreek National Charged in UK With Aiding Iran-Linked Intelligence Service
A 46-year-old Greek man living in Germany was charged under the UK National Security Act with assisting an intelligence service believed to be Iran by targeting a journalist at Iran International.
upi.comSupreme Court Revives Havana Docks Lawsuit Over Confiscated Cuban Property
The U.S. Supreme Court sent a Helms-Burton Act case back to lower courts for further argument. The suit seeks damages from cruise lines that used docks seized by Cuba in 1959.