Saab will supply RBS 70 Bolide missiles to Nato during 2016-17 under a contract received recently.
The Nato Support and Procurement Agency (NSPA) awarded the SEK106m ($12m) as a part of its long-term plan to enhance its air defence capabilities.
Saab business area Dynamics business unit Missile Systems head Stefan Öberg said: "This is a great order for Saab and it will further improve the customer´s capabilities and place it on the forefront when it comes to air defence systems.
"This order is a proof of their trust in our knowledge and in the RBS 70 system."
The Bolide missile is an advanced version of Mk2 used in RBS 70 air defence system with a new sustainer rocket motor, which increases missile speed and manoeuvrability.
The Bolide missile has the maximum velocity of Mach 2. Its combined shaped-charge and pre-fragmented warhead can defeat armoured aerial targets including attack helicopters and close air support (CAS) aircraft as well as land-based targets such as armoured personnel carriers (APCs).
When integrated with a Bolide fourth-generation all-target VSHORAD missile, the highly modular RBS 70 system provides complete air defence against all threats ranging from fixed and rotary wing aircraft to small targets such as cruise missiles and unmanned aerial vehicles (UAVs).
More than 1,600 RBS 70 systems have been acquired by 19 nations across five continents to date.
Image: The Bolide missile is an advanced version of Mk 2 used in RBS 70 air defence system. Photo: courtesy of Saab AB.