Business Services Industry
Saab receives supplementary orders for Gripen
Business Wire, July 8, 2008
STOCKHOLM, Sweden -- Regulatory News:
Saab (STO:SAABB) has received orders from the Swedish Defence Materiel Administration, FMV, for electronic warfare systems and supplementary weapons pylons for Gripen to a total value of 574 MSEK.
The order for Electronic Warfare Systems (EWS) means that the aircraft will be equipped with antennae, transmitters and computers to interfere with enemy air and ground forces. The order is valued at 324 MSEK and deliveries will be made 2008-2009.
The supplements for weapons pylons means that the aircraft will be able to use GPS equipped weapons systems. The order is worth 250 MSEK and deliveries will take place 2009-2011.
Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers' changing needs.
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on 8 July at 14.15.
This information was brought to you by Cision http://newsroom.cision.com
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