Defence and security company Saab has signed a contract on deliveries of
components for the Carl-Gustaf man-portable weapon system.
The order has a total value of SEK 434 million and comprises components for
ammunition to the latest version of the Carl-Gustaf system, a modern ground
support weapon system. The contract also includes an option for additional
orders with a total value of SEK 114 million.
“Carl-Gustaf is a world leading system and a key component of armed forces
throughout the world. With each new model the demand for the system increases in
many strategic markets. The Carl-Gustaf system has been sold to over 40
countries,” says Görgen Johansson, Head of Saab’s business area Dynamics.
The Carl-Gustaf system is a highly modern Ground Support weapon system with a
long and successful history. The system has successively been modernised and
adapted to meet new requirements. With the latest version Carl-Gustaf M3, Saab
offer state-of-the-art capability for customers demanding high operational
reliability in all conflict situations.
Deliveries will take place during 2013 and 2014.
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, firstname.lastname@example.org
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 8 at 10.30.
GlobeNewswire, a NASDAQ OMX company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.