Saab to upgrade 40,000 assault rifles

Saab AB said it has won a 4-year order worth 260 million kronor from the Swedish Defence Materiel Administration, to upgrade almost 40,000 existing AK5 assault rifles.

“There will be a limited number of new jobs created,” said Tomas Samuelsson, managing director of Saab Bofors Dynamics AB, in a press release.