South African Grintek and Saab establish command and control systems operation in South Africa

South African Grintek and Saab establish command and control systems
operation in South Africa

South African Grintek and Saab are expanding their co-operation and
jointly establishing a command and control systems business with the
formation of GrIDS, Grintron Integrated Defence Solutions.

The business unit, with initially about 25 employees in Centurion, South
Africa, has been involved in the development of command and control
systems for the South African air defence.

"The deal is part of Saab's long-term strategy to grow through
acquisition as well. It is also important for our long-term commitments
in South Africa, and our desire to become a significant player on the
international market for network-centric defence", says Åke Svensson,
President and CEO of Saab.

The business unit will become part of the Grintron company, which is
owned 51% by Grintek and 49% by Saab. Other business units within
Grintron are Avitronics, Grintek Communication Systems and Logtronics.

Saab is one of the world's leading high-technology companies, with its
main operations focusing on defense, aviation and space. The Group
covers a broad spectrum of competence and capability in systems
integration.

For further information please contact:
Björn Erman, President, SaabTech + 46 70 554 00 40
Anna Bergenlid, Director, Communications and + 46 70 573 99 42
Public Affairs

www.saab.se


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