Saab receives order on steering control consoles for Norwegian ULA Class Submarine

Saab receives order on steering control consoles for Norwegian ULA Class
Submarine

Defence and security company Saab AB has signed a contract with
Norwegian Defence Logistics Organization for upgrade of the steering
control consoles on the ULA class submarine. The order value amounts to
MSEK 105 and will be carried out between 2011 and 2016.

The order will secure new high technology components in the steering
control consoles regarding autopilot functionality and integration for
the Norwegian ULA Class Submarines.

“The selection of Saab to provide the steering control console upgrade
for ULA Class Submarines show Saab's position as a leading supplier in
the naval market,” says Mats Pettersson, Head of Marketing and Sales at
Saab's business area Support and Services.

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.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018, presscentre@saabgroup.com

www.saabgroup.com (http://www.saabgroup.com/)

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 October 17 at 10.00.