Saab awarded U.S. contract for instrumented training system

Saab has signed a contract to produce training systems for the U.S. Marine Corps. Within the frame of the contract, that has a possible value of approximately $29 million, a first order, valued at $22 million, has been placed.

“This will significantly expand the current base of training systems already fielded by Saab for the U.S. Marine Corps,” says Lars Borgwing, President, Saab Training USA.

The same training system is fielded with the U.S. Army, U.S. Navy SEALs and five armies in Europe.


Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and improves new technology to meet customers’ changing needs.

For further information, please contact:
Saab Press Centre, +46 (0)734-180 018

www.saabgroup.com

The information is that which Saab AB is required to declare by the Securities Business Act and/or the Financial instruments Trading Act. The information was submitted for publication on April 28 at 10.45.
This information was brought to you by Cision

http://feed.ne.cision.com/client/saab//Commands/File.aspx?id=964582

The following files are available for download

PDF