Sweden finalizes 4.3 billion euro procurement of four French frigates from Naval Group

Sweden has finalized a 47.7 billion SEK (4.3 billion EUR) contract to acquire four frigates from France's Naval Group. The agreement, previously announced in May, will be formally signed in Stockholm on August 31 in the presence of President Macron and Prime Minister Kristersson, marking a significant strengthening of bilateral defense industrial ties.