Saab has been awarded a $12.4 million contract to produce Bolide missiles for NATO in an effort to help bolster the alliance’s air defense system.
NATO Support and Procurement Agency ordered for RBS 70 Bolide missiles in December 2015 and delivery is scheduled to complete in 2017, Saab said Wednesday.
“This is a great order for Saab and it will further improve the customer´s capabilities and place it on the forefront when it comes to air defense systems,†said Stefan Oberg, head of missile systems within Saab’s Dynamics business area.
Guided by a laser designator, RBS 70 missiles are designed to target fixed and rotary wing aircraft, cruise missiles and unmanned aerial vehicles.