international
Four French frigates for Swedish navy, in a plus US$ 3.5 billion deal
Key takeaways
- The Swedish government this week announced a deal to purchase four new frigates for its navy from France s Naval Group.
- Prime Minister Ulf Kristersson said the military had completed an analysis of three rival bids in search of the one best placed to meet its needs.
- Based on that analysis, the government has now decided that Sweden will purchase four new frigates in a very large international defense-industrial deal, Kristersson told a press conference.
Why this matters: an international story with cross-border implications worth tracking.
The Swedish government this week announced a deal to purchase four new frigates for its navy from France s Naval Group. Sweden neutral throughout the Cold War, applied for NATO membership in May 2022 alongside Finland, following on Russia s full scale invasion of Ukraine.
Prime Minister Ulf Kristersson said the military had completed an analysis of three rival bids in search of the one best placed to meet its needs.
Based on that analysis, the government has now decided that Sweden will purchase four new frigates in a very large international defense-industrial deal, Kristersson told a press conference.
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