Saab expands naval portfolio

Saab has expanded its naval domain capabilities with the acquisition of the Swedish combat boat producer N Sundin Dockstavarvet and the repair shipyard Muskövarvet.

The acquisition of the companies became effective on 29 December 2017.

Dockstavarvet, based outside Örnsköldsvik in northern Sweden, produces aluminium boats, including the development and production of advanced, high-speed combat and patrol boats for both military and civil applications. The company has delivered more than 200 units to date on three continents.

Muskövarvet is a full service repair yard located at the naval base Muskö in the southern part of the Stockholm archipelago. The shipyard serves mainly the Swedish Navy amphibious forces.

Gunnar Wieslander, senior vice president and head of business area Kockums, said: ‘Through the acquisitions, Saab will strengthen its product portfolio within surface vessels as well as enhance its capacity for support and maintenance at the Muskö naval base. Saab’s global presence will also facilitate marketing and future exports for the Dockstavarvet products.’