Saab Wins LEDS-50 MK2 Launch Order

Saab AB (STO:SAABB)

Saab has been awarded a contract for their latest advanced Softkill solution, the LEDS-50 MK2. The contract amounts to the value of MSEK 48 (R74 million). The contract is from an undisclosed customer.

The LEDS-50 MK2 provides additional protection to the vehicle and crew by detecting the presence of latest generation laser threats and automatically deploying countermeasures to avoid the vehicle being hit by the threat.

This order is an important breakthrough for Saab in the Land Self-Protection Systems market since it is the launch order for its latest vehicle self-protection solution. It is especially relevant since it confirms the international market attractiveness of advanced Softkill solutions as a cost effective way to improve vehicle survivability in complex operational situations. Existing customers using Saab Land Self-Protection solutions includes the Royal Netherlands Army that has fitted the Saab laser warning system to their CV90/35 fleet as part of an integral survivability suite. Saab continues to see an increasing trend towards enhanced protection solutions for land vehicles in the international market.

Development and production takes place at Saab in Centurion, South Africa (Saab Grintek Defence).

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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