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Business/Financial

Saab Awarded MBDA Missile Contract

Tuesday, July 7th, 2015

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Saab Awarded MBDA Missile Contract

MMP Launch Test Photo: MBDA

Saab AB signed a warhead production contract with MBDA France for the MMP (Missile Moyenne Portée) medium-range missile, Saab said Tuesday.The order was placed with a Saab subsidiary, Saab Bofors Dynamics Switzerland (SBDS), which developed the warhead. Deliveries of the MMP warheads are set for 2017.Saab described the MMP as a high-technology, new-generation battlefield missile. It was established by the French Ministry of Defense (MoD0 as a major new program within its Military Planning Act 2014-2019, meant to help modernize…

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