Saab AB,
Saab has received an order worth 118 million SEK for continued maintenance and development of the Swedish Armed Forces air defence system StriC and the simulator system Strics.
STOCKHOLM, Sweden: Regulatory News: The system is developed in close collaboration with the customer and is adapted for the specific requirements of the Swedish Air force.
Peter Wimmerström, President of Saab Systems, is pleased with the continued confidence from the Swedish Defence Materiel Administration (FMV) and emphasises that the collaboration between Saab and FMV has given good results.
“This contract shows that FMV believes in our operations and products and allows us to continue our successful collaboration. The order is also important for the continued development of Saabs’ world leading expertise in command and control systems for air defence and future network based system solutions.”
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.
Saab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 14.35 on December 17, 2007.