What Happened
French Naval Group Beats Spanish and British Rivals for Major Contract
Sweden has chosen France’s Naval Group to supply four FDI frigates in a deal worth up to $4.2 billion, beating out proposals from Spain’s Navantia and the UK’s Babcock International. The frigates will be equipped with MBDA’s Aster 30 missiles and are expected to triple Sweden’s air-defense capabilities. The purchase represents a significant investment in Sweden’s defense capabilities, with the first delivery expected in 2030. This development was first reported by Defense News.