According to a press release published on October 15, 2020, Swedish Company Saab has signed a multi-year framework contract with the U.S. Army for the latest version of the Carl-Gustaf multi-role, man-portable shoulder-fired weapon, known as the M3E1 in U.S. Army service and M4 globally. Saab has been awarded an $87 million MUSD (approximately 770 MSEK) Indefinite Delivery, Indefinite Quantity contract for M3E1 weapons..
..with an initial order of $9.2 million MUSD (approximately 80 MSEK) with deliveries in 2021.
The contract is an indefinite delivery and quantity contract allowing the U.S. Army to place orders for the latest version of the Carl-Gustaf weapon during a 7-year period for a value of up to approximately $87 million (770 MSEK). The Carl-Gustaf weapons in this framework contract will be operated by the U.S. Army, Marine Corps and Special Operations Command....MORE
