Saab takes over Nordic Defence Industries

Saab has announced that it acquired another Danish naval company which designs and manufactures mine disposal charge systems for the naval defence industry.

With the acquisition of Nordic Defence Industries (NDI), Saab hopes to strengthen its position in the unmanned underwater domain when it comes to regional reach, technology and innovative solutions.

“With the acquisition we are strengthening our position in the Mine Counter Measures market, building a foundation for continued profitable growth. Our regional footprint will be strengthened as well as our role as a global supplier of Mine Counter Measure solutions,” says Görgen Johansson, head of business area Dynamics. “With the high tech solutions for mine disposal provided by NDI we will have a product portfolio that covers the total need among our Mine Counter Measure customers.”

One of NDI’s products is DAMDIC, a mine disposal charge, carried to the mine by a remotely operated vehicle such as Saab’s Double Eagle.

Saab said the company would be integrated into Saab’s business area Dynamics within its Underwater Systems business unit.

“After more than 20 successful years in the defence industry, with the challenges inherent from being a small stand-alone defense company, I am pleased to see new and exciting possibilities arise for NDI from the upcoming integration with Saab,” said Jess Otzen, owner and managing director of NDI.

Under new management, NDI’s main office and workshops, along with its staff, will remain in Aalborg Denmark.

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Posted on October 18, 2016 with tags , , .

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