Sweden Awards BAE Systems $ 500 Million Contract for Additional 48 ARCHER Artillery Systems

LONDON--(BUSINESS WIRE)--BAE Systems signed a contract with the Swedish Defence Materiel Administration (FMV) worth approximately $500 million for 48 new ARCHER artillery systems for the Swedish Army. The ARCHER mobile artillery system, designed and produced by BAE Systems Bofors in Sweden, is already in service in the Swedish Army and has achieved the highest technical and manufacturing readiness levels. The 48 new systems covered by this contract will be built on a Rheinmetall MAN military ve