Nammo Sweden AB has signed a contract with the Swedish Defence Materiel Administration for delivery of small caliber ammunition worth SEK 670 million. Covering deliveries from 2020-22, the contract builds on a framework agreement signed in 2017, and will enable to Swedish Armed Forces to strengthen its levels of training and readiness. Nammo’s EVP of Small & Medium Caliber Ammunition, Reijo Bragberg (L) and BG Mikael Frisell, Chief of Army Materiel of the Swedish Defence Materiel Administration.
This contract is the second issued under the 2017 framework agreement, and covers six different ammunition types, both for training and combat. Going forward, Nammo is looking to expand its cooperation with the Swedish government in line with the strategic partnerships it has developed with both of Sweden’s Nordic neighbors. Nammo CEO Morten Brandtzæg sees this kind of collaboration between industry and governments as essential in dealing both current and future security challenges.
The ammunition is mainly produced at Nammo’s factory in Karlsborg and will be delivered over the next three years. Nammo, short for Nordic Ammunition Company, is a Norwegian/Finnish aerospace and defence group specialized in production of ammunition, rocket engines and space applications. With more than 2300 employees spread across more than 30 sites and offices in 12 countries, Nammo is one of the world’s leading providers of specialty ammunition and rocket motors for both military and civilian customers.
Nammo has subsidiaries in Finland, Germany, Norway, Sweden, Switzerland, Spain, Australia, the United Kingdom, the United States, and Canada. The company is owned 50/50 by the Norwegian Government (represented by the Norwegian Ministry of Trade, Industry and Fisheries) and the Finnish defence company Patria. The company has its headquarters in Raufoss, Norway. The company has five business units: Small Caliber Division, Medium & Large Caliber Division, Missile Products Division, Demil Division and Nammo Talley.