A framework agreement for the maintenance and support of submarines and submarine rescue systems has been signed by Saab and the Swedish military.
The deal with the Swedish Defense Materiel Administration is worth an initial amount of about $7.9 million. It covers the period of 2017-19, Saab said.
"The framework agreement encompasses maintaining and providing high operational availability of the Swedish Armed Forces submarines and submarine rescue systems by configuration management, maintenance, engineering suppor, and modifications," Saab said in a news release.
The framework agreement is a part of a 2014 declaration of intent by Saab and FMV.
Lockheed Martin receives Trident II contract
Lockheed Martin has received a $43.9 million contract for support service and production for the Trident II D5 submarine launched ballistic missile, or SLBM.
The program includes engineering and maintenance for support systems of the missile system. Work will be performed primarily at Sunnydale, Calif., Cape Canaveral, Fla., and several other locations in the United States.
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