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Australian Army awards Saab orders valued at more than MSEK 400

Handläggare Handled by Datum Date Referens Reference Peter Larsson April 27, 2004 CU 04:036 E Australian Army awards Saab orders valued at more than MSEK 400 Saab Bofors Dynamics has received orders from the Australian army for RBS70 Air Defence missiles and ammunition for the Carl-Gustaf anti- armour system. "We are of course very pleased and proud to be given this further expression of confidence in our ability to deliver qualified systems to such a demanding customer as the Australian Army", said Mr. Tomas Samuelsson, President, Saab Bofors Dynamics AB. The RBS70 contract is for the recently developed BOLIDE missile version and it is a follow-on order to the two previous contracts signed in 2003. The contract value is MSEK 180 circa. The RBS70 system first entered service with the Australian Army in the 1980´s. The contract for ammunition for the man-portable Carl-Gustaf anti-armour systems includes several different types of ammunition. The contract value is MSEK 260 circa. The above orders will not mean further job recruitment within the company. 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: Anders Florenius, Director Communications & Public Affairs, Saab Bofors Dynamics, Tel: +46 (0)586-81223, +46 (0)70-5823230 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/2004/04/27/20040427BIT00370/wkr0001.doc http://www.waymaker.net/bitonline/2004/04/27/20040427BIT00370/wkr0002.pdf