Nordic Business Report-June 29, 2006-Patria Group and BAE Systems Hagglunds AB receive mortar system order from Swedish defence materiel administration
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The Finnish defence and aerospace group Patria Group said on Wednesday (28 June) that it has received a mortar system development order from the Swedish defence materiel administration FMV.
The order, received by Patria in cooperation with its Swedish partner BAE Systems Hagglunds AB, covers the development and production of two prototypes of advanced mortar systems.
The order is worth approximately EUR55m.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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