Saab Signs Agreement with Latvia for RBS 70 NG Air Defence System

Linköping, Sweden - March 31, 2025 - Saab, the Swedish defence and security company, announced today that it has secured a significant order from the Latvian Ministry of Defence for its next-generation short-range ground-based air defence system, the RBS 70 NG. The order, valued at SEK 2.1 billion (approximately USD 230 million), falls under a broader framework agreement between Saab and the Latvian government. Deliveries are scheduled to take place between 2026 and 2030. This contract includes the provision of RBS 70 NG firing units, missiles, and training devices. Görgen Johansson, head of Saab's Dynamics business area, commented on the development, stating, "Saab continues to support the Latvian National Armed Forces with a strong ground-based air defence capability which will significantly enhance its crucial ability to detect and engage aerial threats."

Features of RBS 70 NG

The RBS 70 NG system is designed to address a variety of aerial threats, including aircraft, drones, and missiles. One of the standout features of this system is its automatic target tracker, paired with a built-in night sight, which allows operators to track and engage targets effectively from distances of up to nine kilometers.

This capability is expected to bolster Latvia’s air defence infrastructure at a critical time and reinforces Saab’s commitment to delivering advanced technological solutions to meet modern defence needs.

About Saab

Saab is a prominent player in the global defence and security market, committed to helping nations ensure safety for their people and infrastructures. The company employs approximately 25,000 professionals dedicated to advancing technology across sectors such as aeronautics, weapons, command and control systems, sensors, and underwater systems. Saab's operational footprint extends across more than 30 countries, providing products to government and corporate clients worldwide.

For more information, please contact: Mattias Rådström
Head of Media Relations
+46 (0)734 180 018
mattias.radstrom@saabgroup.com

This information is made public in accordance with the EU Market Abuse Regulation and was submitted for publication on March 31, 2025, at 13:20 CET.

Conclusion

The agreement between Saab and Latvia highlights the ongoing evolution of air defence technology and emphasizes the importance of international defence partnerships in enhancing national security. The RBS 70 NG system represents a significant investment in Latvia’s military capabilities and serves as a testament to Saab’s strategic role in the global defence landscape.