ThyssenKrupp Industrial Solutions AG and Saab AB signed a non-binding MoU

04/14/2014 By VMSB - defesaglobal

ThyssenKrupp Industrial Solutions AG and Saab AB signed a non-binding Memorandum of Understanding (MoU) concerning the sale of the Sweden based shipyard ThyssenKrupp Marine Systems AB to Saab AB.

The negotiations between Saab AB and ThyssenKrupp Marine Systems AB are at an early stage and more information will follow.

The MoU is in line with Saab’s ambition to expand its activities in the naval area and meets the needs of Sweden for an industrial solution regarding design, production and maintenance of submarines and warships.