The Swedish Defense Materiel Administration (FMV) has entered into a collaboration with ammunition manufacturer Nammo, endorsing a project proposal under the ASAP initiative (Act in Support of Ammunition Production).
As announced by the FMV, the agreement is designed to boost the delivery of 155 mm artillery ammunition and enhance the security of the supply chain. This planned investment is set to be financed through a combination of support from the Swedish state and the European Union under the ASAP framework.
The finalization of the agreement into a binding contract is dependent on the EU’s allocation of funds during the first quarter of 2024, subject to competition with other project proposals seeking financial support.
We are now taking the next important step to accelerate investments in the production capacity of the industry. In this way, we shorten delivery times, increase the opportunity to support Ukraine, and at the same time strengthen the security of supply regarding artillery ammunition in Sweden and the Nordics in the long term,” said Jonas Lotsne, head of FMV’s operational area Army Materiel.
This investment is the third step in a larger effort to increase artillery ammunition production, ensuring ongoing support for Ukraine. It’s part of the Nordic defense collaboration Nordefco, led by FMV. Nordic countries, having signed a cooperation agreement, have also placed orders to facilitate ammunition donations to Ukraine.