Peab is already building testing buildings and offices in Örnsköldsvik for BAE Systems Hägglunds AB, a global player in the defense industry. The original contract contains several options for call-offs for additional assignments, which have now partially expired.

"Peab has extensive experience of working with both large industrial projects in northern Sweden and projects with high security requirements. We therefore look forward to continuing to work in Örnsköldsvik and are proud that BAE Systems Hägglunds AB has chosen to expand our contract," says Anders Gard, MD of Peab Industribyggnad i norr AB.

"We're happy with our collaboration in ongoing projects and look forward to the next step we're taking with Peab to create an inspiring and functional work environment for our employees. Demand is on the rise and we're working intently to increase our capacity, and this is where Peab has a vital and responsibility-laden job to do. The new buildings will be another step in our expansion and continued development here in Örnsköldsvik," says Peter Sedin, Director Operations at BAE Systems Hägglunds.

The project is a turnkey contract in partnering. The original work started in the spring of 2025 and the project is expected to be completed in January 2028.

The contract amount is included in orders received for the first quarter 2026.

Illustration: BAE Systems Hägglund

For further information, please contact:
 

Peab's Press Office: pressjour@peab.se or +46 10 456 86 00

Juha Hartomaa, Head of Investor Relations Peab, +46 72 533 31 45