March 26 (Reuters) - Saab plans to build a
new facility for weapon systems in the United States to boost
munitions production capacity and strengthen its global supply
chain, the Swedish defense equipment maker said on Tuesday.
The site will support the engineering and production of
missile weapon systems for the U.S. military. This includes
components for the Ground-Launched Small Diameter Bomb (GLSDB)
system, along with close combat weapons.
The U.S. Department of Defense struck a deal with Saab in
2019 enabling the purchase of Saab's close combat solution,
which includes AT4 anti-armour systems and Carl-Gustaf
ammunition for up to $422 million.
Saab expects to finalize the location and break ground on
the facility by this year, with production commencing in 2026.