Saab signs 450 M SEK air defence contract in Australia

A 450 MSEK (83 M AUD) contract has been secured by Adelaide-based
technology company Saab Systems Pty Ltd Australia, for the supply of an
Air Defence System for the Australian Army.
The Short Range Air Defence (SHORAD) system will upgrade and enhance the
capability of the Australian Army.

Acting Managing Director, Saab Systems Pty Ltd, Australia, Mr Peter
Wimmerström said, "We are very happy to have secured this important
contract for Australia and see the decision as an endorsement of the
broad range of capabilities our company offers in a very competitive
world-wide market."

The contract is comprised of three major components, RBS70 Air Defence
Missile System, Portable Search and Target Acquisition Radar (PSTAR) and
a Tactical Command and Control System (TaCCS).

The RBS70 is the most modern man-portable short range air defence
system available today and can be integrated with advanced Battlefield
Management systems, allowing a commander to vastly increase air defence
capability.

The PSTAR is a lightweight, portable air defence radar from Lockheed
Martin.

Saab Bofors Dynamics makes the man-portable RBS70 missile system. It
offers very effective protection from low level aircraft and helicopters
and since it uses a laser guidance system is immune to jamming. The
RBS70 has been in the Australian inventory for 15 years and negotiations
regarding further orders are under way.

The Tactical Command and Control System draws the components together,
linking the radar sensor to the missile system and providing a combined
local air picture, threat evaluation and target assignment.

As prime contractor, Saab Systems will employ additional staff to
deliver the project which is expected to be completed by January 2006.

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 capabilities in systems
integration.

For further information please contact:
Anders Florenius Vice President, Communications and Public Affairs, Saab
Bofors Dynamics
phone. +46 70 5823230 or +46 586 81223
www.saab.se
www.hamrahead.com.au

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