Saab Receives New Order on Advanced Camouflage Solutions

Defence and security company Saab (STO:SAABB) has been awarded a new large contract for multispectral camouflage products and services. The order has a total value of approximately MSEK 670.

Deliveries will start during 2010 and continue for four years. At the customer's request and due to the nature of the order, no details about the contract or the customer will be made public.

"We are proud to be selected and it further proves Saab’s unrivalled position as the world-leader within signature management technology. We continue to attract new and existing customers around the globe,” says Tomas Samuelsson, head for Saab’s business area Dynamics.

Saab Barracuda’s advanced camouflage technology products have until now been exported to more than 50 countries. Saab Barracuda offers a unique package of camouflage systems and force protection solutions with the purpose to decrease the enemy’s ability to detect and engage. These solutions protect camps, vehicles and personnel against hostile sensors and enemy target acquisition.

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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 July 13 at 13.45.

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.

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