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    Home > Finance > Poland wants to sign contract on Swedish submarines in Q2 2026 at the latest
    Finance

    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 read

    Last updated: January 20, 2026

    Poland wants to sign contract on Swedish submarines in Q2 2026 at the latest - Finance news and analysis from Global Banking & Finance Review
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    Tags:innovationfinancial community

    Quick Summary

    Poland intends to finalize a contract for Swedish submarines by Q2 2026, valued at 10 billion zlotys, to strengthen Baltic Sea defenses.

    Poland Plans Swedish Submarine Contract by Q2 2026

    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)

    Key Takeaways

    • •Poland plans to sign a submarine contract by Q2 2026.
    • •The deal is valued at 10 billion zlotys.
    • •Saab is the chosen supplier for the submarines.
    • •This deal is crucial for Baltic Sea defense.
    • •Deputy PM Kosiniak-Kamysz announced the plan.

    Frequently Asked Questions about Poland wants to sign contract on Swedish submarines in Q2 2026 at the latest

    1What is a submarine?

    A submarine is a watercraft capable of independent operation underwater, often used for military purposes, including defense and surveillance.

    2What is the Baltic Sea?

    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.

    3What is currency exchange?

    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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