Saab Secures €150 Million Contract to Upgrade TAURUS KEPD 350 Cruise Missiles

Swedish defence giant Saab has been awarded a €150 million (SEK 1.7 billion) contract to modernise and maintain the TAURUS KEPD 350 cruise missile system. The deal, spanning from 2025 to 2035, aims to enhance the long-range strike capabilities of the German Air Force.

The contract includes extensive system upgrades and a decade-long life cycle maintenance programme to ensure the missile remains operationally effective for years to come. Saab received the order from TAURUS Systems, the German prime contractor for the missile system, which is a joint venture between MBDA Germany and Saab. The order was initially placed by Germany’s defence procurement office, BAAINBw.

TAURUS KEPD 350 is a precision-guided, air-launched cruise missile designed to neutralise high-value and fortified ground targets. With a range exceeding 500 km, it provides Germany with a powerful tool for complex combat scenarios. Saab’s latest upgrades will further enhance the missile’s effectiveness, ensuring that it remains a formidable asset for the German Air Force.

Görgen Johansson, Head of Saab’s business area Dynamics, emphasised the importance of these upgrades, stating that the modernisation will significantly improve the missile’s capabilities, reinforcing its ability to execute long-range precision strikes in the most challenging operational environments.