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Saab secures SEK 460 million contract with Lithuania for Carl-Gustaf M4 weapons and training equipment.

May 20, 2026

Contract Type

contract

StockholmManufacturingSecurityNational SecurityDefense & Space

Description

Saab has received an order from Lithuania for the Carl-Gustaf M4 weapon and training equipment worth SEK 460 million, with deliveries planned from 2026 to 2029. This contract, valid for ten years, includes potential options totaling SEK 640 million and cooperation with the Lithuanian defense industry.

Company Information

Company

Saab

Location

17 Olof Palmes gata

Stockholm, Stockholm County, Sweden

About

Saab is a leading defence and security company delivering advanced solutions that span from the depths of the oceans to high in the sky, on land, and in cyberspace — all with the mission of keeping people and society safe. Powered by a team of 22,000 talented professionals, Saab continuously pushes the boundaries of technology to build a safer, more sustainable, and more equitable world. The company designs, manufactures, and maintains cutting-edge systems in aeronautics, weapons, command and control, sensors, and underwater technologies.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.