The company has also received the first order, worth nearly $32.14m (Skr340m), under the new agreement.
Under the order, Saab will supply training and simulation systems for anti-tank weapons and vehicle and soldier systems. The company will also provide necessary associated equipment for the training systems.
The deliveries will take place from 2023 to 2025.
The use of the systems will enable military personnel to train in realistic environments and hone their skills.
According to FMV, the interoperable exercise systems will enable exercises with soldiers of other countries that have a similar set-up.
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Saab business unit Training and Simulation head Åsa Thegström said: “We look forward to continuing to support the Swedish Armed Forces with our live training systems. Our systems work and behave like operational equipment, which gives the user the best possible training for future missions.
“Our training solutions are interoperable, which is necessary for training with other nations.”
Saab booked the orders in the third quarter of 2022.
Under the three-year framework agreement, FMV can place an additional order worth up to $10.4m (Skr110m).
Earlier this year, Saab received a $16.2m combat training simulator contract from the Finnish Defence Forces. This includes upgrading the Finnish military training facility in Pori brigade and the modernisation of the equipment.
Denmark has signed a 15-year framework agreement with Saab for live training solutions this year.