Nammo Signs Major Ammunition Contract with Sweden

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Nammo Signs Major Ammunition Contract with Sweden

Nammo will deliver six variants of small caliber ammunition to the Swedish Armed Forces from 2020-2022. Apr 16, 2020 13:54 CEST Nammo signs major ammunition contract with Sweden 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. Nammo's EVP of Small & Medium Caliber Ammunition, Reijo Bragberg (L) and BG Mikael Frisell, Chief of Army Materiel of the Swedish Defence Materiel Administration. 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. Nammo is an international aerospace and defense company headquartered in Norway. With more than 2300 employees spread across more than 30 sites and offices in 12 countries, Nammo is one of the world's leading providers of specialty ammunition and rocket motors for both military and civilian customers. Contacts Endre Lunde Press Contact Senior Vice President, Communications [email protected] +4790853270.

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