Co-operation Agreement in the field of Anti-Ship Missiles signed between Saab Bofors Dynamics and the German company DIE

Co-operation Agreement in the field of Anti-Ship Missiles signed between
Saab Bofors Dynamics and the German company DIEHL

Initially the companies will co-operate on the integration and
verification phases of the RBS15 Mk3 Anti-Ship Missiles project. The co-
operation will also include production, deliveries, maintenance and future
upgrades for both the Swedish and German navies, as well as for the export
market. Saab Bofors Dynamics will be the system co-ordinator, and DIEHL
will be responsible for the final assembly and testing of the missiles.

This co-operation is based on previous successful co-operation with the
consortium that is developing and producing the IRIS-T air-to-air missile,
where DIEHL is system co-ordinator and Prime Contractor. That co-operation
has now been extended to include Anti-Ship Missiles.

Modern naval forces require missile systems that will enable them to
combat both naval targets and land targets, which is of particular
importance to Rapid Deployment Forces operating in coastal waters. RBS15
Mk3 has been specially designed to solve both these tasks. With a combat
range in excess of 200 km, and sufficient space to carry different types
of warheads and target seekers, it is very well-suited for such types of
combat scenarios.

RBS15 Mk3 is also an alternative weapon system for the new German K 130
Class corvettes, and also for several other classes of new and upgraded
vessels in service with the German Navy.

Other business prospects for RBS15 Mk3 are current procurements of naval
target missile systems for the Finnish and Polish Navies. At a later point
in time the Swedish Visby Class corvettes will also be equipped with the
system.

The market potential for the system is calculated as being in excess of
MSEK 4000.

This Agreement between Saab and Diehl is the latest example of Swedish-
German co-operation in the defence field. Among previous joint efforts
between the countries should be mentioned the Leopard 2 Main Battle Tank,
the air-to-air missile systems IRIS-T and METEOR, aircraft armament
systems such as DWS39 and TAURUS, as well as the Air Defence missile
system ASRAD-R.

Saab is northern Europe's leading high technology company, mainly active
in the defense, aviation and space industry, and offers advanced products
and systems based on sophisticated information technology. The business
areas within Saab are Infomatics, Aerospace, Dynamics, Technical Support
and Services, Space and Aviation Services.

For further information, please contact:
Gunnar Språng, Phone: +46 13 18 61 10
Head of the Business Unit Air/Sea Missile Systems +46 70 530 63 95

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