Sweden has signed its largest deal since the 1980s, purchasing four FDI frigates from France for $4,25 billion.
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Photo: RBC

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Sweden has signed its largest deal since the 1980s, purchasing four FDI frigates from France for $4,25 billion.

Sweden has signed a contract to purchase four French FDI-class frigates from Naval Group worth approximately $4,25 billion. As Swedish Prime Minister Ulf Kristersson announced on May 19, 2026, this decision represents the Scandinavian kingdom's largest military investment since the 1980s and will triple Sweden's naval defense capabilities in the Baltic Sea.

The first ship is scheduled to be delivered to the Swedish Navy in 2030, after which one frigate will be delivered annually. The ships will be equipped with Swedish-made Saab RBS 15 anti-ship missiles, Torped 47 anti-submarine torpedoes, BAE Systems Bofors 57mm and 40mm guns, and Giraffe 1X radars. The air defense system will retain the French SETIS combat management system and Aster 30 and CAMM-ER surface-to-air missiles.

The deal came as part of Sweden's accelerated militarization, prompted by the country's accession to NATO in 2024 amid the conflict in Ukraine. Along with the French, British Babcock, Spanish Navantia, and Swedish Saab also competed for the contract, but the French bid prevailed due to the project's maturity and the opportunity to share costs with other operators.

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