Saab receives order worth MSEK 435 for integration of Meteor on the Gripen

Saab receives order worth MSEK 435 for integration of Meteor on the
Gripen

The Gripen will be the first aircraft to test the Meteor beyond visual
range missile. In an addition to the Meteor order, whereby Saab Bofors
Dynamics was awarded the development and production order by MBDA in
August 2003, Saab Aerosystems is now being commissioned to integrate
Meteor on the Gripen in a contract worth MSEK 435.

"The Meteor program is an extensive development project that will
continue until 2010. It is a large-scale project that could grow and
it's important for Saab and Sweden to be involved," says Johan Lehander,
Vice President and Deputy General Manager, Saab Aerosystems.

Meteor is a beyond visual range missile approximately 3.5 meters in
length, for use against air targets. In the future it will replace the
American AMRAAM system. The development of the Meteor air-to-air missile
is being carried out as an international industrial project involving
the UK, Germany, Sweden, France, Italy and Spain.

Saab Aerosystems submitted a tender to the Swedish Defence Materiel
Administration (FMV) in June 2002 concerning the integration of Meteor
into the JAS 39 Gripen for testing purposes. The FMV has signed an
international commitment whereby it will provide the Gripen as a test
platform, to support the development of the missile and prepare for
integration on the Gripen.

At a later stage Meteor will also be integrated in Rafale and
Eurofighter aircraft. The Gripen is first fourth generation aircraft
operational in service and the only fighter aircraft currently available
for testing the high-tech beyond visual range missiles of the future.
The first Meteor is planned to be fired in 2005, from the Gripen.

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:
Heidi Wendt, Communications Manager, Saab Aerosystems,
tel: +46 (0)13-18 00 17,
Cell: +46 (0)734-18 00 17

www.saab.se

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