Lundström was born on 8 June 1890 in Stockholm, Sweden, the son of Ernst Lundström, an artist, and his wife countess Mathilda. Lundström was commissioned as an officer in 1910 and was appointed lieutenant in the Life Regiment Dragoons in 1916. He became an air force pilot in 1925 and was appointed captain in the General Staff in 1924 and captain of the Swedish Air Force in 1926. Lundström was a teacher in air warfare at the Royal Swedish Army Staff College 1926–29 and at the Royal Military Academy 1928–31. He was promoted to major in 1932, lieutenant colonel in 1936, colonel in 1937, and major general in 1945. Lundström was military discharge in 1947. He was the adjutant of the Prince Gustaf Adolf, Duke of Västerbotten from 1929. Lundström was acting commanding officer of the 4th Air Corps in 1931–32 and commanding officer of the Swedish Air Force Flying School 1932–43 and commanding officer of the Second Air Group 1943–46. Lundström was the chief of staff and assistant to Count Folke Bernadotte during his mediator works in Palestine in 1948, and was an eyewitness to Bernadotte's assassination.
Sports career
Lundström was a Swedish champion in foil fencing in 1914, and a district champion in foil and épée fencing in 1933 and in foil fencing in 1938. He was adjutant and teacher at the riding school at Strömsholm Palace in 1919–1921. At the 1920 Summer Olympics he and his horse Yrsa were part of the Swedish equestrian team, which won the gold medal in the team eventing competition. They also won the silver medal in the individual eventing. He competed in the individual jumping event with another horse, Eros I, and finished 14th. At the 1924 Summer Olympics Lundström and his horse Anvers won the gold medal with the Swedish jumping team. In the individual jumping event they finished 10th.
Personal life
Lundström was the owner of the estate Hildesborg outside Landskrona. In 1932 he married Margit von Geijer, daughter of rittmeister Wilhelm von Geijer and countess Irma von Hallwyl. He was the father of Signe, Irma and Åge.