The FINANCIAL -- Volvo Group and Finnish defense group Patria have signed a Memorandum of understanding regarding cooperation to offer the Swedish Defense Materiel Administration life-cycle support services for maintenance and logistics.

Both the Volvo Group and Patria are already suppliers to the Swedish Armed Forces. According to Volvo, within the framework of the Memorandum of understanding the Volvo Group and Patria plan to establish a partnership to be able to provide new and more cost-effective total solutions for service, maintenance and logistics for the Armed Forces in Sweden.

The Volvo Group has been supplying vehicles to the Armed Forces in Sweden for a long time and has a comprehensive and well-developed network for maintenance and repairs throughout the country. In 2011, FMV and the Volvo Group signed a framework agreement for technical systems support.

Patria has an established subsidiary in Finland, Millog, which delivers maintenance and technical support for all Land Forces materiel and complete lifecycle support, under the auspices of a strategic partnership with the Finnish Defense Forces.

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