Author: Jamie Bennet|| Date Published: September 19, 2023
Saab‘s U.S. business arm has booked a $104 million order to supply the Department of Defense with AT4 anti-tank weapon systems and Carl-Gustaf ammunition between 2024 and 2026.
The contract extends an indefinite-delivery/indefinite-quantity framework agreement signed by DOD and Saab in 2019, which could increase in value by $422 million, the company said Monday.
DOD ordered units of the AT4CS reduced sensitivity system and the Carl-Gustaf HE 441E recoilless rifle for the U.S. Army, Marine Corps and Special Operations Command.
AT4CS is designed as a portable and fully disposable weapon with flexible shoulder-launched munition. Another man-portable shoulder-fired rifle, the Carl-Gustaf M4 is compatible with the HE 441E, which can hit semi-hardened targets and soft-skinned vehicles.
“The DOD’s expanded commitment to our close combat solutions validates Saab’s focus on delivering innovative, advanced products that can evolve to meet the long-term needs of our partners,” said Erik Smith, president and CEO of Saab in the U.S.
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…