Ukraine War Drives Growth for Sweden's Hagglunds Defense Company
The Ukraine war has significantly boosted Sweden's Hagglunds, transforming it from a struggling company with layoffs to a major defense contractor with an order book of $8 billion. The company has expanded production and employment, driven by increased demand for military vehicles. Sweden's overall defense exports have also surged, reflecting broader industry growth.
Topics: BAE Systems business growth defense industry Hagglunds Sweden Ukraine war