The Swedish Defence Materiel Administration (FMV) has signed two major contracts with KNDS, the German-French defense group, to both modernize its current tank fleet and procure new armored vehicles. The agreements mark a significant step in Sweden’s effort to enhance its ground combat capabilities and align with evolving NATO standards.
Under the first agreement, FMV will oversee the repair and modernization of 110 Stridsvagn 122 tanks. These vehicles, originally developed to Swedish specifications based on the German Leopard 2A5 platform, will be upgraded to the Stridsvagn 123 A standard—aligned with the Leopard 2A8 configuration.
Work on the renovation and modernization (REMO) program is already underway. The upgrades will involve comprehensive enhancements to electronics, survivability, and combat effectiveness, while retaining the tanks’ existing chassis, engine, and drivetrain.
Upgrades to the Stridsvagn 123 A will include:
-
A new 120 mm L55A1 cannon capable of firing programmable ammunition.
-
Complete replacement of onboard electronic systems to match modern Leopard 2 standards.
-
Improved night vision systems for both gunner and commander.
-
Enhanced forward and rear sensor suites.
-
Increased armor protection and reinforced track systems to handle additional weight.
Though the external appearance remains largely consistent with the older Stridsvagn 122, the internal systems and combat readiness are being significantly modernized.
Deliveries of both the refurbished 123 A and the new 123 B tanks are scheduled to occur between 2027 and 2031. Once complete, the Swedish Army will operate a total of 154 Stridsvagn 123 tanks.
Sweden’s decision aligns with a broader trend among NATO allies, including Germany and Norway, to upgrade or acquire Leopard 2 tanks amid shifting security dynamics and ongoing supply chain pressures. By consolidating its armored fleet under a unified standard, Sweden aims to improve operational effectiveness and interoperability within NATO frameworks.
A military history enthusiast, Richard began his career at Forecast International as editor of the World Weapons Weekly newsletter. As the Internet became central to defense research, he helped design the company’s Forecast Intelligence Center and now coordinates the FI Market Recap newsletters for clients. He also manages two blogs: Defense & Security Monitor, which covers defense systems and international security issues, and Flight Plan, focused on commercial aviation and space systems.
For more than 30 years, Richard has authored Defense & Aerospace Companies, Volume I (North America) and Volume II (International), providing detailed data on major aerospace and defense contractors. He also edits the International Contractors service, a database tracking all companies involved in programs covered by the FI library. Richard currently serves as Manager of the Information Services Group (ISG), which develops outbound content for both Forecast International and Military Periscope.
