Poland selects Sweden’s Saab for $2.7b submarine order

"Sweden presented the best offer in terms of all criteria, delivery time, and operational capability, especially in the Baltic Sea," Deputy Prime Minister Wladyslaw Kosiniak-Kamysz told a press conference.

He estimated the value of the deal at around PLN10 billion ($2.73 billion), and said Sweden had committed to buy some armaments from Poland as part of a wider cooperation agreement, and to provide a "gap-filler" submarine for the Polish army to train on.

It is the first submarine export order for Saab since it acquired the submarine division in 2014 and CEO Micael Johansson said Poland’s announcement marked a "fantastic milestone" for the company. "It's a real breakthrough," he told Reuters. "It's incredibly important for the security of the Baltic Sea and to have this ability on both sides of the sea means a lot."