Australian Army awards Saab orders valued at more than MSEK 400

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Peter Larsson April 27, 2004 CU 04:036 E

Australian Army awards Saab orders valued at more than MSEK 400

Saab Bofors Dynamics has received orders from the Australian army for
RBS70 Air Defence missiles and ammunition for the Carl-Gustaf anti-
armour system.

"We are of course very pleased and proud to be given this further
expression of confidence in our ability to deliver qualified systems to
such a demanding customer as the Australian Army", said Mr. Tomas
Samuelsson, President, Saab Bofors Dynamics AB.

The RBS70 contract is for the recently developed BOLIDE missile version
and it is a follow-on order to the two previous contracts signed in
2003. The contract value is MSEK 180 circa. The RBS70 system first
entered service with the Australian Army in the 1980´s.

The contract for ammunition for the man-portable Carl-Gustaf anti-armour
systems includes several different types of ammunition. The contract
value is MSEK 260 circa.

The above orders will not mean further job recruitment within the
company.

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, Director Communications & Public Affairs,
Saab Bofors Dynamics, Tel: +46 (0)586-81223, +46 (0)70-5823230

www.saab.se


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