Saab signs strategic cooperation agreement with Babcock

Saab and Babcock International Group (Babcock) have signed a strategic cooperation agreement recently.

The purpose of the Agreement is seeking to enable the delivery of enhanced capabilities to customers by leveraging the companies’ collective unique strengths through offering a broader range of products, services and integrated solutions.

Under the Agreement, the companies will explore the development of the design of a new advanced corvette of around 100 metres.

Further, the joint development will benefit from Saab’s expertise in naval Combat Management Systems and composite structures, and Babcock’s expertise in platform design and integration to create a new class-leading capability.

The new corvette will be a highly capable and adaptable surface combatant aimed at meeting the needs of international customers.

Babcock and Saab intend to jointly market the new design to worldwide export markets.

By combining technology capabilities and expertise to drive technological advancements Saab and Babcock will stay at the forefront of their industries.