The FMV Board is responsible to the Swedish Government for the running of FMV. The day-to-day operation of FMV is led by the Director General, Göran Mårtensson. Dan Ohlsson is the Deputy Director General.

FMV is divided into eight functional divisions, which work together to deliver the equipment required by the Swedish Armed Forces.
Executive Units
FMV’s executive units provide the Director General with advice and information essential to the effective running of the organisation.
The responsibilities of the Director General’s Office include FMV-wide management and budgeting, and the coordination of planning and monitoring activities with other executive units.
The other executive units are responsible for FMV-wide management, monitoring and support to the rest of the organisation within their respective area of expertise. The Legal Affairs Unit has the special responsibility for protective security.