Saab will provide its A26 submarine to Poland. (Saab)

MILAN — Saab has finalized a SEK 47 billion ($4.8 billion) contract with the Polish government for the production of three Swedish-made A26 submarines intended to replace the country’s Soviet-era Kilo-class submarines.

The Swedish company announced the long-awaited deal seven months after Poland officially selected Saab’s offer over a multitude of pan-European contenders.

The contract includes a weapon package and a training-support element with final deliveries planned for 2038.

“It is a very large and long-term deal — it will make the Polish Navy one of the strongest in all of NATO. A strong Polish submarine force strengthens security in our shared Baltic Sea and across the alliance,” Swedish Prime Minister Ulf Kristersson said on X.