The week before Easter Nammo signed a new frame work contract with FMV in Sweden. This is a 7 year contract with different types of 12,7mm ammunition. Deliveries will come from both Nammo Palencia (Spain) and Nammo Raufoss (Norway). Nammo Sweden is the prime contractor.
Foto: Mats Nyström/Försvarsmakten
This means that Nammo is the only main supplier of 12,7mm ammunition to the Swedish Armed Forces for the coming 7 years. The initial contract value is 120 million Swedish kroner, but the end value could rise to around 500 million Swedish kroner if all options are used.
– This is an important contract for Nammo. We are delighted, this really helps the long term cooperation with our Swedish partners. In today’s security environment, strategic partnerships and security of supply agreements are especially important. They ensure the customer gets what they need, and that we as an industry can have predictability, says Kim Helge Dahl, Nammo’s product director for small and medium caliber.
The first delivery order has already been received. Nammo is now set to deliver substantial quantities of ammunition, and production will be ramped up to meet the company’s obligations.
FMV is the Swedish Defence Materiel Administration. Photo: FMV
