Gripen - a catalyst for Danish industry

Gripen - a catalyst for Danish industry

Saab is planning for extensive industrial collaboration with Danish industry in
connection with an eventual Gripen deal. As a part of this Saab has signed a
significant co-operation agreement with Terma, valued to more than 10 BDKK (1,9
BUSD), spread over 10-15 years.

In the next few years Denmark will be renewing its aircraft fleet and the deal
could cover as many as 48 fighter aircraft. Saab is offering Gripen Next
Generation which is now under development, a fully Nato compatible aircraft that
fulfills all Danish requirements. The aircraft can be delivered from 2016 or
earlier if Denmark so wishes. 

A Gripen deal will generate extensive co-operation and development of new
technologies together with Danish industry, both in the area of defence and
other industries. The co-operation agreement with Terma, valued to more than 10
BDKK (1,9 BUSD) spread over 10-15 years, covers the areas of aviation, space,
defence and civil security. Parts of the agreement are dependent on Denmark
selecting Gripen Next Generation.

“We are convinced that our offer is the best alternative for Denmark. Saab
offers Danish industry a strong and long term profitable industrial
co-operation, exceeding the requirement of 100 percent of the order value of a
Gripen deal”, says Saab's CEO Åke Svensson. “The industrial collaboration
carries with it an historic opportunity for broader Scandinavian co-operation.”

“The agreement between Terma and Saab covers very interesting and long term
perspectives, both in relation to Denmark's purchase of new fighter aircraft and
to a number of other business areas that can be advantageous to both parties”,
says Jens Maaløe, CEO of Terma.


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.
Terma is a high-technology group which develops and markets systems and products
for civilian and military applications, including command and control systems,
radar systems, self-protection systems for aircraft, space technology and
aerostructures for aircraft.
Gripen is the first new generation fighter aircraft in operational service. It
is designed to meet the demands of current and future threats, while at the same
time meeting strict requirements for flexibility, flight safety, reliability,
training efficiency and low operating costs. Gripen Next Generation, a new
version of Gripen, is one of the candidates for renewing Denmark's fighter
aircraft fleet. 


Gripen is in service with the Swedish, Hungarian and Czech Republic Air Forces
and has also been ordered by the South African Air Force. The UK Empire Test
Pilots´ School (ETPS) is operating Gripen as its advanced fast jet platform for
test pilots worldwide.

For further information, please contact:
Owe Wagermark, Communications Director, Gripen International (Saab)
+46 (0) 734-18 18 24
owe.wagermark@gripen.com 

Kasper Rasmussen, Vice President, Corporate Communications, Terma
+45 2022 6091
kar@terma.com

www.saabgroup.com
www.gripen.com
www.terma.com