Sweden Selects France’s Naval Group for $5 Billion Frigate Deal
A Naval Group FDI frigate.
Source: Naval Group SA
Sweden picked France’s Naval Group SA to supply four new frigates in an estimated $5 billion deal which paves the way for the Nordic state to play a bigger role in NATO’s maritime defenses.
The decision marks the start of negotiations with the selected supplier, Prime Minister Ulf Kristersson and Defense Minister Pal Jonson told reporters in Stockholm on Tuesday. The vessels will be built at the Lorient shipyard in Bretagne and first deliveries are to begin in 2030.