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Saab concentrates its efforts in Stockholm

Saab concentrates its efforts in Stockholm Saab's command and control systems, electronic warfare and avionics expertise are being gathered in a single company. The MD of this new company, the headquarters of which is to be based in Järfälla, will be Björn Erman. The company, which has some 1900 employees, is being created by merging Saab Tech Systems, Saab Avionics and Saab Facilities in Stockholm. "This merger is being implemented to bring about a more flexible and profitable business. The companies' products and services are key areas for the defence market, both now and in the future," says Göran Sjöblom, Deputy MD of Saab AB. Saab is 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: Jan Nygren, Information Manager, Saab Phone: +46 (0)70-889 47 00 Björn Erman, MD Saab Avionics Phone: +46 (0)8-757 04 85, +46 (0)70-554 00 40 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/12/20021112BIT00110/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/12/20021112BIT00110/wkr0002.pdf