Sweden signs $4 billion deal with France for four Luleå-class frigates to boost NATO defense
Sweden signed a SEK47 billion ($4.9 billion) contract with France's Naval Group on August 31, 2026, for four Luleå-class frigates, tripling its air defense capacity. The deal, finalized in Stockholm with Swedish PM Ulf Kristersson and French President Emmanuel Macron present, delivers the first frigate by 2030. It strengthens Sweden's NATO integration and European defense industrial cooperation amid heightened Baltic Sea security concerns following Russia's 2022 invasion of Ukraine.