Sweden has announced a major military investment, ordering four navy frigates from France's Naval Group in a $4 billion deal. The purchase is expected to triple the country's air defence capacity as it focuses on security threats in the Baltic Sea. This move comes as Sweden continues to build up its military following Russia's invasion of Ukraine and its subsequent accession to NATO.
The new frigates will be the largest surface warships in Sweden's navy, with an expected lifespan of around 40 years. The deal is seen as a key component of Sweden's air defence strategy and will significantly enhance its ability to protect the Baltic Sea.
Sweden's Prime Minister Ulf Kristersson said that the Baltic Sea has never been more exposed and contested, highlighting the growing security concerns in the region. With this decision, he believes Sweden is contributing to making the Baltic Sea considerably safer in the future.
The first delivery of the frigates is expected in 2030, with a total cost of around $4.25 billion. The government has requested that several weapons systems developed in Sweden can be utilised by the vessels, including those developed by Saab.
Each vessel is expected to cost around 10 billion Swedish crowns, depending on the exact weapons systems on board. The deal will also enable Sweden to reach NATO targets for military spending of 3.5% of GDP already in 2030.
The right-wing government has said it expects to reach NATO targets for military spending several years ahead of the alliance's deadline. This move is seen as a significant step towards strengthening Sweden's defence capabilities.
Naval Group won the competition against joint bids from Britain's Babcock and Saab, as well as one from Spain's Navantia. The deal highlights the growing importance of France in Sweden's military procurement strategy.
The new frigates will be integrated into Sweden's existing naval fleet, which includes five smaller Visby-class corvettes and is currently upgrading its fleet of submarines.
Sweden's decision to build a new fleet of frigates marks an important shift in the country's defence priorities. The deal underscores the growing security concerns in the region and Sweden's commitment to NATO.
The deal highlights the growing security concerns in the region and Sweden's commitment to NATO.
