Saab Secures $159M Contract to Modernize Germany’s Taurus Cruise Missiles

Taurus Systems, a joint venture between MBDA Germany and Saab, has awarded Saab a 10-year, $159 million (1.7 billion crown) contract for the modernization and maintenance of Taurus KEPD 350 cruise missiles. The contract follows an order from Germany’s defense procurement office, reinforcing Germany’s commitment to upgrading its long-range strike capabilities. The Taurus KEPD 350, known for its precision deep-strike capability, is used by Germany, Spain, and South Korea. The deal strengthens Saab’s role in European missile technology development. The modernization program aims to enhance the missile’s operational lifespan and effectiveness in future conflicts.

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