SAAB

ISS • Mar 31, 2025

Press release 31 March 2025

Saab receives order for RBS 70 NG from Latvia

Saab has signed a framework agreement with the Latvian Ministry of Defence for the short-range ground-based air defence system RBS 70 NG and received an order within the agreement. The order value is SEK 2.1 billion and deliveries will take place 2026-2030.

The order includes RBS 70 NG firing units and missiles as well as trainer units.

"Saab continues to support the Latvian National Armed Forces with a strong ground-based air defence capability which will significantly enhance its crucial ability to detect and engage aerial threats," says Görgen Johansson, head of Saab's business area Dynamics.

The RBS 70 NG system features an automatic target tracker and a built-in night sight and provides the user with capability to defeat threats including aircraft, drones and missiles from distances of up to nine kilometres.

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

The information is such that Saab AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 31 March 2025 at 13.20 (CET).

Saab AB (publ) SE-581 88 Linköping Sweden

Registration no.: 556036-0793

Contact

Mattias Rådström Head of Media Relations +46 (0)734 180 018 mattias.radstrom@saabgroup.com