BAE Systems lands $180 million Sweden air-defence contract as Europe races to rearm
BAE Systems won a $180 million contract from Sweden for its TRIDON Mk2 air-defence system as part of an 8.7 billion crown package on April 2. Saab’s share of the order is 2.6 billion crowns. Deliveries to Sweden are scheduled for 2027 and 2028. BAE reported a 12% rise in full-year operating profit in February and forecasts 7% to 9% sales growth in 2026.