Saab Barracuda has signed an agreement worth SEK 74 million for camouflage systems

Saab Barracuda has signed an agreement worth SEK 74 million for
camouflage systems

Saab Barracuda has entered into a substantial framework agreement with
the Norwegian Army Material Command (HFK) for Multispectral, Static and
Mobile Camouflage Systems. The value of the framework contract is up to
SEK 74 million.

The Barracuda Multispectral, Static and Mobile Camouflage Systems
include advanced products with very good capabilities within the
thermal, radar, near infrared and visual wavelength areas. Soldiers, as
well as vehicles, get optimal protection against reconnaissance and hit.
Delivery will take place over a period of three years with final
delivery in 2004. The contract includes an option for deliveries after
2004.

Saab Barracuda, Gamleby, is a company within the Systems and Electronics
business area of the Saab Group. Saab Barracuda develops, produces and
markets signature management products and services for protection
against detection and identification. The company, with subsidiaries in
four countries and customers and representation in 50 countries, is the
world leader within its field.

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 capability in systems
integration.


For further information, please contact:
Göte Nilsson, President, Saab Barracuda AB phone: +46 493 14800
Bibbi Johansson, PR Manager, Saab Barracuda ABphone: +46 493 14811

www.saab.se

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