Saab receives order from FMV for Gripen development resources
| Source:SAAB AB
Defence and security company Saab has received an order from the Swedish Defence
Materiel Administration (FMV) concerning the maintenance and adaption of basic
development resources for Gripen during 2014.
The order value amounts to SEK 355 million and includes the operation of rigs,
simulators and test aircraft for the verification and validation of the fighter
aircraft systems Gripen C/D and Gripen E and operational support to Gripen C/D.
The contract includes options for additional orders for the years 2015-2016
amounting to SEK 710 million.
“It is positive to now have this agreement in place which means that Saab can
continue to support the Swedish air force's effective operation and development
of Gripen,” says Ulf Sangre, contract manager Saab, business area Aeronautics.
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 December 20 at 16.45.
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