Sweden orders $506 mln worth of armoured vehicles from Finland's Patria

Sweden has placed a 5.3 billion crown ($506 million) order with Patria Land Oy for 321 armoured all-terrain vehicles, the Swedish defence material agency said in a statement on Wednesday. Patria Land is 50.1% owned by the Finnish state and 49.9% by Norway's Kongsberg Gruppen. A Swedish Defence Materiel Administration spokesperson said deliveries from Patria will start this year and continue through 2030. Deliveries to the Swedish armed forces from the agency will start in 2025.

Sweden has placed a 5.3 billion crown ($506 million) order with Patria Land Oy for 321 armoured all-terrain vehicles, the Swedish defence material agency said in a statement on Wednesday.

Patria Land is 50.1% owned by the Finnish state and 49.9% by Norway's Kongsberg Gruppen.

A Swedish Defence Materiel Administration spokesperson said deliveries from Patria will start this year and continue through 2030. Deliveries to the Swedish armed forces from the agency will start in 2025. ($1 = 10.4810 Swedish crowns)

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