PMB Defence signs battery deal for Swedish submarines

Australia’s PMB Defence announced it has signed a contract to supply main storage batteries to Saab for Sweden’s next generation submarines. The latest evolution of Sweden’s submarines are being designed and built by Saab. Building on over 100 years of experience, when launched the new class of submarine will be the most modern conventional submarine design in the world. PMB Defence Chief Executive Officer Stephen Faulkner said that PMB has had a long and collaborative relationship with Saab. “This contract supplements our parallel development work with Saab and we are proud to apply our capability to battery systems for Sweden’s world leading conventional submarines. Delivery of battery systems to a new submarine class is consistent with our objective to be the world’s most credible designer and supplier of submarine battery systems,” said Faulkner. Saab Australia Managing Director Andy Keough said fostering partnerships with quality Australian suppliers was a key focus for Saab in both its Australian and global operations. “Australian industry innovation helps drive our sovereign capability, so it’s great to see local defence industry businesses such as PMB, succeeding in the global market with technology designed and built here in Australia,” said Keough. “PMB has an established reputation for delivering innovative battery solutions to Australian defence, and this new contract with Saab will broaden their international reach in the supply of cutting-edge technology for the Royal Swedish Navy’s revolutionary submarines.” PMB will manufacture the battery systems at its production, research and development and engineering facilities situated adjacent to the Osborne Naval Shipyard in Adelaide, South Australia. For Editorial Inquiries Contact: Editor Kym Bergmann at [email protected] For Advertising Inquiries Contact: Director of Sales Graham Joss at [email protected]