Saab and Patria cooperates with Helikopter Service

HELIKOPTER SERVICE JOINS CO-OPERATION
BETWEEN SAAB AND PATRIA FINAVITEC

The Norwegian company Helikopter Service AS is joining co-operation
between the Swedish group Saab AB (publ) and the Finnish group Patria
Finavitec Oy concerning penetration of the System and Training markets for
military helicopters.

At the beginning of February this year, Saab AB and Patria Finavitec Oy
signed an agreement on co-operation in order to establish a jointly owned
company to support helicopter suppliers and their end customers with
competitive operations for helicopter system and training work in the
respective countries. The business concept is based on a single resource
responsible for joint System and Training requirements with related
training equipment and simulators, engineering rigs, configuration
control, airworthiness support, etc. National resources could focus on the
equipment with needs for daily access or national security.

Combining the long experience of Helikopter Service in providing complete
training packages for helicopter pilots and technical personnel with the
competencies and resources of Saab and Patria will bring additional value
to the concept, and thus contribute to enhanced customer satisfaction.

This co-operation is considered to have development opportunities within
the near future as regards helicopter purchase projects in the Nordic
countries, such as the Nordic Standard Helicopter Program.

Further information
Saab AB Patria Finavitec Oy Helikopter Service
AS
Rolf Forsell Jukka Holkeri Jan Martinussen
Director, Corporate Strategic VP, Support Technical Director
Planning and Business
Development Mobile:+358-50-549 4124 Mobile: +47 915 474
76
Tel. +46 13 185497 Tel.+358-3-5809793 Tel: +47 519 418 15
E-mail: rolf.forsell@saab.se E- E-mail:
mail:jukka.holkeri@patria.fi jmartinu@hesgrp.com

Notes to the editor

Saab AB is one of Northern Europe´s leading high technology company and
operates within the defense and aerospace areas and offers leading-edge
products and systems built on sophisticated information technology. Its
business areas are Infomatics, Aerospace, Dynamics, Technical Support &
Services, Space and Aviation Services. Saab has 16,800 employees.

Patria Industries is a Finnish technology group whose
business activities include defence, aerospace and space, and
telecommunications products and services. Among the most important
products and services are aircraft and helicopter maintenance, aerospace
structures and electronic systems, military and special vehicles, airport
snow removal equipment and weapon systems. Patria Group employs over 2,100
people. The Patria Finavitec Business Group is formed by Patria Finavitec
Oy, Patria Finavicomp Oy and Patria Ostermans AB.

Helikopter Service AS is a helicopter company with a fleet of 30
helicopters, training and workshop facilities, and 700 staff. The main
activities are pilot and engineer training, repair and overhaul of
airframes and components, integrated logistic support and offshore
helicopter support to the Norwegian oil and gas industry. HS serves
customers in 35 countries. Helikopter Service is a company in CHC
Helicopter Corporation, headquartered in St. John's, Newfoundland, Canada.
CHC is the largest provider of helicopter transportation services in the
world, with a combined fleet of 350 light, medium and heavy aircraft
operating in 21 countries with approximately 2,800 employees world-wide.

------------------------------------------------------------
Please visit http://www.bit.se for further information
The following files are available for download:
http://www.bit.se/bitonline/2000/05/09/20000509BIT00350/bit0001.doc
http://www.bit.se/bitonline/2000/05/09/20000509BIT00350/bit0002.pdf
This information was brought to you by Cision

http://feed.ne.cision.com/client/saab//Commands/File.aspx?id=65802

The following files are available for download

MSWORD
PDF