April 17, 2020 | International, Land
Nammo signs major ammunition contract with Sweden
April 16, 2020 - Nammo has signed a contract with the Swedish Defence Materiel Administration for delivery of small caliber ammunition worth SEK 670 million. Covering deliveries from 2020-22, the contract builds on a framework agreement signed in 2017, and will enable to Swedish Armed Forces to strengthen its levels of training and readiness. ”We are honored that the Swedish Armed Forces have placed their trust in us as their primary supplier of small caliber ammunition. Customers like Sweden accept only the best, and also have some very specific requirements that we have to fulfil, so in our view this is a major achievement by Nammo's product and manufacturing teams,” said Reijo Bragberg, Nammo's Executive Vice President for Small and Medium Caliber Ammunition. This contract is the second issued under the 2017 framework agreement, and covers six different ammunition types, both for training and combat. Going forward, Nammo is looking to expand its cooperation with the Swedish government in line with the strategic partnerships it has developed with both of Sweden's Nordic neighbors. Nammo CEO Morten Brandtzæg sees this kind of collaboration between industry and governments as essential in dealing both current and future security challenges. ”Recent events have again underscored the need to ensure security of supply in all situations, ranging from peace to crisis, conflict and even war. In our view this relies on both industry and governments cooperating more closely, and we stand ready to support from our side,” said Brandtzæg. Related / Contacts Endre Lunde Endre Lunde Press Contact Senior Vice President, Communications endre.lunde@nammo.com +4790853270 View source version on NAMMO: https://www.nammo.com/newsroom/#/pressreleases/nammo-signs-major-ammunition-contract-with-sweden-2991652