* Swedish defense spending is expected to grow at an anemic 0.36% per year over the next 4 years, reaching $5.4 billion by 2015, according to iCD Research. * Strategy Analytics: US defense semiconductor sector is expected to post 6% compound annual average growth rate...
ARTHUR radar(click to view full) Sweden’s Saab Group announced a SEK 450 million (WON 77.04 billion, $69 million) subcontract order from South Korea’s LIG Nex1, for more of its ARTHUR artillery tracing radars. South Korea first ordered Saab’s Arthur...