Saab Signing Eurotraining Feasibility Study Contract

On 2 December 2002, Aermacchi of Italy acting for a consortium of five
leading European aerospace companies (Aermacchi, Dassault Aviation of
France, EADS-CASA of Spain, EADS-Deutschland and Saab of Sweden) signed
a contract for the Eurotraining Feasibility Study with the Italian DGAA
(General Directorate forAeronautical Armaments) acting on behalf the air
forces of twelve European countries: Austria, Belgium, Finland, France,
Germany, Greece, Italy, The Netherlands, Portugal, Spain, Sweden and
Switzerland. The Italian DGAA is the appointed Executive Agency on the
military side as agreed in a MoU signed by the twelve participating
nations.

The objective of the feasibility study is to define possible solutions
and their life cycle costs for an integrated Advanced European Jet Pilot
Training (AEJPT) system, Eurotraining, to be introduced around 2010. The
study will cover all aspects of advanced jet pilot training including a
new trainer aircraft, ground based systems, syllabi, infrastructure and
siting, and will also address the implementation.

The study will be carried out by a joint industry team consisting of
members from the consortium companies with support from a large number
of other European aerospace firms. The study is scheduled to last one
year to be followed by a definition phase.

The contract signature was preceded by an industrial launch meeting held
in Dassault Aviation, Paris, on 27 and 28 November. More than 60 experts
from the many cooperating companies were gathered to mark the official
starting of a project which features the ambitious vision of a major
step forward in the flying training of future fighter pilots in Europe
while also strengthening European co-operation in defence and industry.

For further information, please contact:
Peter Larsson, Vice-President Communications and Public Affairs,
Saab Aerospace Tel:: +46 13 465 31 09,
+46 70 989 71 09

www.saabaerospace.com

Saab is one of the world's leading high-technology companies operating
primarily in the areas of defence and aerospace. There is in Saab a
range of key skills and the capacity for systems integration.


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