Saab Training Systems signs contract with Ministry of Defence in Spain

Saab Training Systems AB, Huskvarna, Sweden has signed a contract with the
Spanish Ministry of Defence for the delivery of Range Equipment for army
training.

The order value is ESP 175.000.000.
The contract includes Saab Training Systems' mobile tank targets BT37MX,
the portable tank targets BT18SX, the BT24 radio control system and laser
target interfaces (LTI) for these targets. The targets will be used for
live fire training as well as laser based gunnery training with the BT41
laser simulators which are used by the Spanish army for their Leopard 2A4.

Delivery will take place in the end of 1999 and the moving targets will be
installed during the first quarter of 2000.

With the delivery under this new contract the Spanish army increases their
base of Saab Training Systems range equipment which has been used for
training since more than ten years.

Saab AB is active in the aircraft-, space- and defense industry and
supplies advanced products and systems based on sophisticated information
technology. The business areas are Military Aerospace, Space, Training
Systems, Commercial Aircraft and Combitech.

Saab Training Systems AB is specialized in military training equipment;
laser simulators, target equipment and graphic simulators. It is a wholly
owned subsidiary of Saab AB and has 257 employees. The turnover 1998 was
621 MSEK.

For further information, please contact:
Johan Ohlson, President, Saab Training Systems AB
tel. +46 36 38 86 01

Hans Standar,
Vice President Marketing & Sales, Saab Training Systems AB
tel. +46 36 38 87 06

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