BAE Systems has signed two contracts worth approximately $32 million for its market-leading Bofors 57mm 3P advanced ammunition in a combined procurement from both the Swedish Defence Materiel Administration and the Finnish Defence Forces Logistics Command Sweden is ordering a large stock of the Bofors 57mm 3P advanced ammunition, for an order value of approximately $18 million. This is a critical step for the Swedish Armed Forces as they continue their efforts to increase readiness in the face of the current security situation in Central Europe. The FMV also has a contract option for additional quantities in 2023.

Finland is also ordering a considerable stock of rounds of the ammunition, valued at approximately $14 million. This is an important step in reinforcing the security of supplies as Finland, and in particular the Finnish Navy, also confirms its readiness. The 3P ammunition is designed for the Bofors 57 Mk3 naval gun system, which is the standard naval gun in both the Swedish and Finnish navies.

The company also produces a 40mm 3P which can be fired from the Bofors 40 Mk4 gun system. Both variants can be programmed in six different function modes. It is a flexible and multipurpose round, suitable to defeat targets such as drones, missiles, and helicopters, swarming boats, surface vessels, and land targets.

It can also be fired from combat vehicles, such as the Swedish Army's CV90s, which are equipped with a Bofors 40mm turret.