Saab receives orders for upgrade of ground based air defence

Regulatory News:

Defence and security company Saab (STO:SAABB) has received two new orders from the Swedish Defence Materiel Administration (FMV), to a total value of MSEK 600, for an upgrade of Sweden’s ground based air defence.

The orders include delivery of both upgrades of existing units and new units with functions for ground based air defence Command, Control and Communication (C3), based on the Giraffe AMB multifunctional radar and C3 system. The systems feature command units which can be coordinated with Nato’s tactical data link (Link 16), communication systems, combat management terminals, as well as an upgrade of existing radar and command units.

"Saab will deliver the system integration and the integration of the command and control systems into the ground based anti-aircraft defence systems, based on our solid and well established Giraffe radar systems. This order strengthens Saab’s position in the field of ground based air defence, in Sweden as well as internationally,” says Micael Johansson, head of business area Electronic Defence Systems.

Saab’s ground based air defence command and control function offers interoperability with Nato units and great flexibility in terms of selection of effectors.

It also includes functions for planning, evaluation and simulation, which support the effective use of all resources within a ground based air defence unit, to allow units up to battalion level to integrate and synchronise a range of sensors and weapon systems based on a common understanding of the situation. A warning function for incoming grenades and rockets is also included. The system meets the high demands of the Swedish defence, for example in terms of interoperability with NATO units and information security.

Deliveries will take place between 2014 and 2017.

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, adapts and improves new technology to meet customers’ changing needs.

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 18 February at 09.00 CET.

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