Nordic armoured vehicle market booms on back of BAE success in 2012

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The Nordic armoured vehicle market continues to boom despite the stagnant economy in the rest of Europe as BAE’s Swedish branch reflects on a stellar year. Speaking to Defense News, Tommy Gustafsson-Rusk, the president of BAE Systems’ Land and Armaments division, discussed the improving fortunes of the company, formerly known as Hågglunds. Already this year the company has signed off $916 million in major deals including a contract from Sweden for 48 Bv510 all-terrain vehicles; N...

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