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Saab has received an order from the Swedish Defence Materiel Administration, FMV, to provide future development support for Gripen from April 1, 2021 to December 31, 2022. The total order value is SEK 998 million.
Saab has, with strong support from the Swedish Government, submitted its Best and Final Offer (BAFO) to the Finnish defence procurement agency for the Finnish HX fighter procurement. The proposal comprises 64 Gripen E fighter aircraft and an extensive weapons package, as well as two GlobalEye Airborne Early Warning & Control (AEW&C) aircraft. This constitutes the response to the customer’s January 2021 request for a BAFO. Finland is replacing the capability provided by its current fleet of F/A-18 C/D Hornet aircraft.
Technology pioneered by Saab Digital Air Traffic Solutions has enabled London City Airport to become the first major international airport in the world to be fully controlled by a remote digital air traffic control tower.
The U.S. Navy’s Shipboard Air Traffic Radar program in Low Rate Initial Production (LRIP) has awarded an LRIP option for three of Saab’s AN/SPN-50(V)1 radar systems. The order value for the LRIP phase two contract is USD 37.1 million, with the first delivery scheduled for 2022. Radar manufacturing, delivery, test, and integration will take place at Saab’s Syracuse, New York facilities.
Saab is pleased to invite media to a livestreamed media briefing about Saab’s best and final offer for Finland’s HX fighter programme.
Saab presents the results for January-March 2021.
Saab has shipped its first aft airframe section for the T-7A Red Hawk program. This is a key delivery in the Engineering and Manufacturing Development (EMD) program to its T-7A Red Hawk advanced trainer aircraft partner, Boeing.
Due to the coronavirus and in order to reduce the risk of spreading the disease, the Board of Directors decided that the Annual General Meeting 2021 should be conducted through electronic connection in accordance with the temporary law applicable during 2021. The shareholders could exercise their voting rights at the Meeting only by participating online or by postal voting in advance.
Saab’s CEO and President Micael Johansson and CFO and deputy CEO Christian Luiga will present the Saab interim report for January-March 2021.
Saab and the Swedish Defence Materiel Administration (FMV) have today extended a contract to provide support and maintenance services for Gripen. The order value amounts to approximately SEK 1.6 billion for the period from 1 April 2021 to 31 December 2022. Saab has booked SEK 1.5 billion of the order value in Q1.