Saab Receives Order Within AEW&C
Defence and security company Saab has received an order within the Airborne Early Warning and Control (AEW&C) segment. The order amounts to approx. SEK 1.1 billion. Deliveries will be made from 2016 until 2018.
The airborne early warning and control system (AEW&C) provides access to a detailed situational awareness that for example can be used for border surveillance, search and rescue operations and for tackling terrorism and organised crime.
The effectiveness of the underlying contract is subject to fulfilment of certain financial conditions.
The industry’s nature is such that due to circumstances concerning the product and customer, further information about the customer will not be announced.
Work will be undertaken within Saab’s business area Surveillance and business area Support and Services.
For further information, please contact:
Saab Press Centre,
+46 (0)734 180 018,
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Saab serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers’ changing needs.
The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on 30 May 2016 at 11.45 (CET).