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Saab Wins US Army Training Contract Worth USD 14 million

Saab Wins US Army Training Contract Worth USD 14 million Saab Training Systems AB of Huskvarna, Sweden was awarded a firm fixed price contract for $14M to deliver six instrumentation systems by the US Army Program Executive Office for Simulation, Training and Instrumentation (PEO STRI). "This is the first order from mainland US for Saab Training Systems' deployable instrumentation training systems (DITS). For us it means the break through for our system as a viable candidate for the future home- station instrumented training system (HITS) requirement", says Johan Ohlson, President, Saab Training Systems. Four similar DITS systems have been used extensively by the US Army in Europe for several years for deployed training in Germany, Poland and in the Czech Republic. The systems combine state of the art communication; computer and control technology with the standard MILES laser based devices as well as Saab's precision laser simulators for gunnery and maneuver training. Saab Training Systems develops, manufactures and markets advanced military training equipment such as laser simulator systems, instrumented training systems and target equipment, and provides service and maintenance for training systems. 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: Les Mitchell, Marketing Manager, Saab Training Systems AB, Phone +46 36 388764, +46 73-6687764 Lars Birging, Vice President Marketing, Saab Training Systems AB, Phone +46 36 388706 www.saabtrainingsystems.com 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/2004/04/19/20040419BIT00190/wkr0001.doc http://www.waymaker.net/bitonline/2004/04/19/20040419BIT00190/wkr0002.pdf