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Saab Avionics received order for SEK 600 million from FMV (the Swedish Defence Materiel Administration)

Saab Avionics received order for SEK 600 million from FMV (the Swedish Defence Materiel Administration) Saab Avionics has in international competition received an order from FMV for development and delivery of reconnaissance pods for Sweden´s JAS 39 Gripen fighter aircraft. The reconnaissance pod is designed in a flexible and modular fashion, with a great potential for future adaptations and upgrades. In this first version the system is equipped with sensors for international peace support operations and safeguarding of territorial integrity. The first systems will be delivered in 2004. Saab Avionics is a leading supplier of avionics and electronic warfare systems on the international market and a principal supplier to the Swedish Gripen, the world´s first fourth-generation fighter in service. Saab Avionics is a company within the Saab Group, one of the world´s leading high-technology companies, with its main operations focusing on defence, aviation and space. The Group covers a broad spectrum of competence and capability in systems integration. For further information, please contact: Micael Johansson, Executive Phone: +46 8 757 35 77, Vice President, Saab +46 70 590 55 81 Avionics Anna Bergenlid, Director of Phone: +46 8 757 03 83, communications, Saab +46 70 573 99 42 Avionics www.saab.se ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/12/21/20011221BIT00650/bit0001.doc http://www.waymaker.net/bitonline/2001/12/21/20011221BIT00650/bit0001.pdf