Poland wants to sign contract on Swedish submarines in Q2 2026 at the latest
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Poland intends to finalize a contract for Swedish submarines by Q2 2026, valued at 10 billion zlotys, to strengthen Baltic Sea defenses.
WARSAW (Reuters) -Poland wants to sign a contract on the acquisition of Swedish submarines in the second quarter of 2026 at the latest, Deputy Prime Minister Wladyslaw Kosiniak-Kamysz said on Wednesday, adding it estimates the value of the deal at 10 billion zlotys ($2.73 billion).
Poland chose Sweden's Saab as the supplier in the deal that forms a key element of Warsaw's efforts to bolster its defences on the Baltic Sea.
($1 = 3.6604 zlotys)
(Reporting by Barbara Erling, Anna Wlodarczak-Semczuk,Pawel Florkiewicz, Alan Charlish and Anna Koper)
A submarine is a watercraft capable of independent operation underwater, often used for military purposes, including defense and surveillance.
The Baltic Sea is a sea located in Northern Europe, bordered by several countries, including Poland and Sweden, and is significant for trade and military strategy.
Currency exchange is the process of converting one currency into another, often involving a fee or exchange rate that fluctuates based on market conditions.
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