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Saab awarded US$ 21 Million in new contracts for Ultra Lightweight Camouflage Net Systems products from the US Defense

Saab awarded US$ 21 Million in new contracts for Ultra Lightweight Camouflage Net Systems products from the US Defense Saab Barracuda LLC was awarded contracts totaling over US$ 21 Million in August and early September 2003 comprised of ULCANS (Ultra Lightweight Camouflage Net System) for the US Defense. "The contracts, comprised of ULCANS and Special Forces products, represent the largest sum of orders or contract awards received within a 6 week period in Saab Barracuda history", says Ed Arnold, President & CEO of Saab Barracuda LLC. Since 1997, Saab Barracuda LLC has been the sole provider of ULCANS to the US Army. ULCANS, available under NSN for both Woodland and Desert variants, is being fielded by the US Army as the replacement of the former generation camouflage nets. Together with Saab Barracuda AB in Sweden, Saab Barracuda is the world leader in producing customized advanced Signature Management Products offering multi-spectral protection against visual, near infrared, thermal infrared, and radar detection and targeting devices. 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 capabilities in systems integration. For further information please contact: Michelle Arnold, Saab Barracuda LLC Phone: +01 910 814 3080 Ann Batchelor, Vice President Business Development, Saab Barracuda LLC Phone: +01 910 814 3088 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/2003/09/30/20030930BIT00430/wkr0001.doc http://www.waymaker.net/bitonline/2003/09/30/20030930BIT00430/wkr0002.pdf