Sweden Signs Four Billion Warship Deal
Sweden signed a four billion dollar order for four French navy frigates to boost its Baltic Sea air defence capacity. The deal deepens European defence ties as the nation builds up its military following Russia's invasion of Ukraine. The first ship is expected in 2030.
Sweden signed a $4B contract on Monday afternoon with France for four naval frigates, tripling its air defense capacity. The agreement is the largest naval procurement in modern Swedish history. European governments are rapidly overhauling military supply chains amid rising regional security threats.
