Tag: Carl

Saab receives Carl-Gustaf order from Japan

October 20, 2023 / WIL BALDWIN

SAAB AB (Stockholm: SAABb) has received an order from the Japan Self-Defense Forces, JGSDF, for the supply of the man-portable, multi-role weapon system Carl-Gustaf^®. The order includes over 300 systems and deliveries will take place in 2025.

Carl-Gustaf is a man-portable multi-role weapon system that provides high tactical flexibility through its wide range of ammunition types. It is extremely light-weight, and has established itself as the main shoulder launched weapon in many countries. It has been in use with the Japan Self-Defense Forces since 1979.

Proven to deliver results on the battlefield, Carl-Gustaf provides the effectiveness soldiers need. The wide range of ammunition types for Carl-Gustaf makes it flexible and able to handle any situation, whether it is to defeat an armoured vehicle or structure, or illuminating the battlefield during night operations.

The Carl-Gustaf system has a long and distinguished history, which stretches back to 1948, and is now supplied to more than 40 countries around the world.

Saab Receives Norwegian Order for Carl-Gustaf M4

January 15, 2021 / WIL BALDWIN

The Norwegian Armed Forces has signed a framework agreement with Saab for the Carl-Gustaf M4. Saab has received an initial order for Carl-Gustaf M4 weapons with deliveries in 2021.

The recently signed framework agreement allows the Norwegian customer to place orders for Carl-Gustaf M4, associated equipment and training systems during a 7-year period.

The Norwegian Armed Forces has been a user of the Carl-Gustaf M2 system since early 1970’s. Today the M2 and the M3 versions are used within the Norwegian Armed Forces.

“We welcome the latest user to the Carl-Gustaf M4. It’s a great success to continue to support the Norwegian Armed Forces, this time with our future ready Carl-Gustaf M4”, says Görgen Johansson, head of Saab’s business area Dynamics.

Carl-Gustaf M4 is the latest version of the portable, shoulder-launched, multi-role weapon system. It gives users a wide range of engagement options and allows troops to remain agile and effective in any scenario. It builds on the system’s formidable capabilities, offering a higher degree of accuracy, lighter construction and compatibility with future innovations. The M4 is also compatible with intelligent sighting systems and future technology developments, such as programmable ammunition. Since the launch in 2014, Saab has signed contracts with fourteen different nations for Carl-Gustaf M4.

Eldorado Resorts to Buy Caesars in Reported $18 Billion Deal

June 23, 2019 / WIL BALDWIN

NEW YORK (Reuters) – U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday.

The agreement comes three months after Reuters reported that Caesars had agreed to give Eldorado access to its books under pressure from billionaire investor Carl Icahn, who earlier this year was awarded seats on Caesars’ board.

The deal, which is expected to be announced on Monday, values Caesars at close to $13 a share, according to the sources. The combined company’s ownership would be split roughly between Eldorado and Caesars shareholders, the sources said.

The sources asked not to be identified because the matter is confidential. An Eldorado spokesman said the company did not comment on rumors or speculation. Caesars did not immediately respond to requests for comment.

The combination of the two companies would create a serious competitor to larger casino industry players, such as Las Vegas Sands Corp, Wynn Resorts Ltd and MGM Resorts International.

Caesars’ shares closed on Friday at $9.99. The company, which emerged from bankruptcy in 2017, operates casinos with the Harrah’s and Horseshoe brands. It had 53 properties in 14 U.S. states and five countries outside the United States at the end of December.

Eldorado has a market value of $4 billion. It also had long-term debt at the end of March of $3.1 billion. It owns and operates 26 properties in 12 U.S. states.

(Reporting by Greg Roumeliotis; Editing by Peter Cooney)

Saab receives Carl-Gustaf order from Japan

Saab Receives Norwegian Order for Carl-Gustaf M4

Eldorado Resorts to Buy Caesars in Reported $18 Billion Deal

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