Euronaval 2026, the Paris naval defence show, closed on Friday with France announcing a new long-range naval cruise missile and Saab signing a contract worth about SEK 2 billion to equip Sweden's new frigates.

France's procurement agency, the DGA, said at the show it would soon sign a contract with MBDA for the MdCN Mk2, a new standard of France's naval cruise missile, with improved stealth, greater resistance to satellite-navigation jamming, a range of more than 1,000 km and AI-assisted mission planning.

It will be fired from FREMM frigates and Suffren-class nuclear attack submarines, with first deliveries due from 2030, Le marin reports. No quantity or value has been disclosed, and the deal is announced rather than signed.

Saab to equip Sweden's frigates

Saab announced a contract with French shipbuilder Naval Group to deliver and integrate weapon-control systems and sensors for Sweden's four FDI frigates. The order is worth about SEK 2 billion (roughly $203 million), with deliveries running from 2027 to 2034.

The package includes Saab's weapon control system, the Ceros fire-control director, the RBS15 anti-ship missile, a lightweight torpedo, the Trackfire weapon station and the Sea Giraffe 1X radar.

"This shows that Saab not only continues to provide capabilities with the highest relevance to our home market, but also that we achieve it through cooperations," said Mats Wicksell, head of Saab's Naval business area.

The contract sits inside Sweden's roughly €4.3 billion prime contract with Naval Group for the four frigates, signed in August, with serial deliveries planned for 2030–2034. The French-designed FDI family was also chosen by Greece, which took delivery of its second ship, Nearchos, in early November.

The show closed with a record 713 exhibitors, up 45 percent from 483 in 2024, plus 28,000 professional visits and 204 official delegations from 71 countries.