BAE Systems anticipates receiving an order for several hundred CV90 tracked combat vehicles from a coalition of up to six European countries in the second quarter of 2026, Peter Nygren, business development director for BAE Systems Hägglunds in Sweden, told Defense News. The deal, which could be finalized as early as June next year, would involve significantly more vehicles than previous large-scale orders, Nygren added. To date, BAE has delivered approximately 1,300 CV90s, with an additional 600 currently on order.
In June, Finland, Sweden, Norway, Lithuania, Estonia, and the Netherlands agreed to explore a joint CV90 procurement. Nygren noted that participation by all six countries will depend on the level of standardization each is willing to accept. He also stated that a request for quotation from the joint procurement group is expected in the coming weeks, with the three Scandinavian nations and Lithuania already aligned on specifications. Once confirmed, this order would be the largest in BAE Systems Hägglunds’ history.
“The exact mix of participating nations isn’t finalized yet,” Nygren said. “I know their initial requirements and aspirations, but the total number is substantial.”
The price of a CV90 varies by variant, but recent contracts with Czechia, Denmark, and Sweden have placed the average unit cost between $9.5 million and $13 million. The latest MkIV version has a maximum gross vehicle weight of 38 metric tons, and different variants are either in service or on order in ten European nations. Sweden has also supplied CV90s to Ukraine, where troops have highlighted their superior survivability compared with Soviet-era vehicles. BAE notes the CV90 is armored to withstand shaped-charge warheads.
BAE Systems is investing $300 million to expand CV90 production, having already spent nearly $200 million, with plans to increase annual output to 250 vehicles by 2026—up from roughly 50 in 2020. The company is exploring further increases, potentially reaching 350 vehicles per year within a few years.
Nygren emphasized that BAE Systems Hägglunds is working to diversify its supply chain rather than depend on a single source for key systems. A third welding line is being added at the Swedish facility, expected to be operational in late 2026.
“Time to delivery is the top priority for our customers,” Nygren said. “That’s why we’re building on the existing configuration and harmonizing requirements across nations.”
Regarding potential new clients, he added: “There’s a lot of interest, but our current focus is on ramping up production before taking on new orders.” Brazil is reportedly under consideration as a prospective customer, and any future contract could include a technology transfer, with much of the work carried out locally.
