Helicopter purchase is expected to bring Saab business worth 2 billion SEK.

Helicopter purchase is expected to bring Saab business worth 2 billion

The choice of the NH90 helicopter entails direct involvement by Saab
worth in the region of 2 billion SEK. The work entails both development
and production for Saab in collaboration with NHIndustries/Eurocopter.

The decision to order NH90 helicopters means Saab will be responsible
for developing and acquiring the tactical system for the new Swedish
multi-role helicopter, Helicopter 14. A new management system will be
developed as part of the tactical avionics system. This will be an
important part of the Swedish Armed Forces' future structure and
management philosophy.

"By using the systems engineering skills from the JAS 39 Gripen together
with the competence in control, countermeasures and maintenance
introduced to the Group through the purchase of Celsius, Saab can now
undertake total responsibility for the tactical system in the Defence
Forces' new medium-weight helicopters," states Bengt Halse, President
and CEO.

Saab will also produce 200 forebodies for the NH90. This is equivalent
to around two-thirds of the total number of helicopters ordered to date
for Germany, France, Italy, the Netherlands, Portugal, and now also for
Sweden, Norway and Finland.

The deal creates the right conditions for Saab to expand its cooperation
with major defense players such as EADS, Eurocopter and Agusta.
Developing and supplying the tactical system will also enable Saab to
actively cultivate the export market in a new product area for the
company. Several countries are planning helicopter procurements with the
accompanying tactical systems.

Development and production will take place in Sweden at Saab Aerospace
in Linköping, SaabTech Systems in Järfälla, Saab Avionics in Jönköping
and Kista, and AerotechTelub in Arboga.

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

For further information, please contact:
Peter Larsson, Phone: +46 70 989 71 09,
Vice President Communications and Public Affairs, Saab Aerospace
+4613 18 13 65

Jan Nygren, Group Senior Vice President, Saab AB
Phone: +46 13 181999

Pictures of the Helicopter NH90 are available on www.saab.se Aerospace

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