SEK 500 million order from FMV for Saab

The Swedish Defence Materiel Administration (FMV) has placed an order
for an integration system from Saab for new precision engagement weapons
for Sweden's JAS 39 Gripen valued at SEK 500 million. The system will
provide JAS 39 Gripen with the capability to deliver precision laser-
guided weapons. The new weapons will be procured by FMV.

The order also includes acquisition of weapon pylons of NATO type for
deployment on the JAS 39 Gripen. This enhances Gripen's overall
capability for interoperability for participation in international peace-
keeping missions.

The weapon pylons, which have been developed by Saab and BAE SYSTEMS,
are to be manufactured by Denel in South Africa. This forms part of the
industrial participation package from the sale of 28 Gripen aircraft to
South Africa.

The order is being placed with Industry Group JAS (IG JAS), and Saab
Aerospace's share of the order amounts to SEK 477 million, Saab
Avionics' amounts to SEK 19 million and AerotecTelub's to SEK 5 million.

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, Vice President
Communications and Public Affairs, Saab Aerospace Phone: +46 70 989 71 09
+46 13 465 31 09

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