Business Services Industry
Saab Ericsson Space receives EUR10m equipment contract
Nordic Business Report, May 11, 2006
NORDIC BUSINESS REPORT-11 May 2006-Saab Ericsson Space receives EUR10m equipment contract(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish space equipment supplier Saab Ericsson Space said on Wednesday (10 May) that it has received an order for guidance computers and telemetry antennas for the Ariane 5 rocket.
The order, awarded by EADS ST, covers equipment for 25 Ariane launchers, and is valued at approximately EUR10m.
Saab Ericsson Space is jointly owned by Saab and Ericsson.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
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