Saab secures SEK 2 billion deal for Thailand

Saab secures SEK 2 billion deal for Thailand

FMV (the Swedish Defence Material Administration) has placed a contract with
Saab valued to SEK 2 billion ($310 million) following Thailand's positive
decision to purchase an integrated air surveillance system from Sweden. 

Thailand's purchase of an integrated air surveillance system is a government to
government deal. Following this agreement, Saab receives an order from FMV for
development and production of the systems. 

The order comprises six Gripen fighters of the C/D version, two Saab 340
aircraft, of which one will be equipped with Saab's radar surveillance system
Erieye, and associated equipment and services. Also included in the agreement is
a command and control system, which will be the link between the Erieye system
and the Gripen fighters. The complete system will be used for air surveillance
and protection of Thailand's territory.
”This further strengthens Gripen's position on the export market. There is a
great interest for Gripen today and several important export deals will be
settled within the next few years. This agreement also strengthens our position
within the area of airborne surveillance and advanced command and control
systems”, says Saab CEO Åke Svensson.

The contract is worth SEK 2 billion ($310 million). Deliveries will take place
during 2011.

For further information, please contact:
Peter Larsson, Press Secretary, Saab 
Tel: +46 (0)8 463 00 18, +46 (0)734 18 00 18
Owe Wagermark, Communications Director, Gripen International
Tel: +46 (0)13 18 18 24, +46 (0)734 18 18 24
www.saabgroup.com


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 13.30 on February 11. 

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.