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Famagusta Gazette

News From Cyprus

Sweden Signs Billion-Crown Ammunition Deals with Nammo and Rheinmetall

ByFamagusta Gazette

Jul 8, 2025

Sweden has signed a defense contract worth 1 billion Swedish kronor with Norwegian arms manufacturer Nammo, the country’s defense ministry announced Monday.

The agreement is part of a broader effort to strengthen Sweden’s military capabilities and its role within NATO.

In a separate deal, Sweden also signed a contract with Germany’s Rheinmetall Denel Munition valued at more than 4 billion kronor. Both agreements focus on the supply of artillery ammunition and are part of Sweden’s ongoing efforts to expand its defense infrastructure.

Famagusta Gazette