Saab has received an additional order from Lockheed Martin for further radar enhancement for Canadian Navy Halifax-Class Frigates

Saab has received an additional order from Lockheed Martin for further
radar enhancement for Canadian Navy Halifax-Class Frigates

Defence and security company Saab has received an additional order of
MSEK 108 from Lockheed Martin Canada for further enhancement of the Sea
Giraffe 150 HC 2D radar for the modernization of the Canadian Navy's
Halifax-class frigates. Deliveries are planned for 2011-2016. The
original Contract was awarded in May 2009.

Saab has been a radar provider to the Canadian Navy since the early
nineties. The received additional order is a further enhancement and
modification of the existing Sea Giraffe 150 HC, and will secure a high
level of operational availability as well as new and improved functions
of the radar for years to come.

”We are very pleased that Lockheed Martin Canada and the Canadian Navy
have selected Saab's radar for this modernization program”, says Micael
Johansson, Senior Vice President and Head of Saab's Business area
Electronic Defence Systems. 

The new modified Sea Giraffe 150 HC will increase the performance in a
high clutter environment, such as the littorals, as well as align the
radar to the latest generation of Sea Giraffe AMBs. It will provide the
Canadian Navy with a state-of-the- art radar that will complement other
radar sensors onboard with its improved capability to detect and track
low RCS (Radar Cross Section) targets on or just above the sea surface.
New capabilities can easily be added and inserted to the radar to
counter new threats or accommodate new requirements.

The radar upgrade is part of a larger Combat Systems Integration
contract, awarded to Lockheed Martin Canada in 2008, that will
ultimately provide a new command and control system, radars, tactical
data links, electronic support measures and other warfare capabilities
for the Canadian Navy's Halifax-class frigates.

As part of this order, the fully owned Saab company, Saab Microwave
Canada Ltd, based in Halifax, Nova Scotia, will provide additional
support services for the Canadian Navy.

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

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 November 26 at 11.00.