Saab Training LLC, USA awarded Firm Fixed Price Contract

Saab Training LLC of Orlando, Florida, USA was awarded a ten year Firm
Fixed Price Contract using the Indefinite Delivery Indefinite Quantity
method for rapid acquisitions, for a series of gunnery and training
ranges planned by the US Army Tank Automotive Command. The estimated
total value of the range improvement program is in excess of $100
million. Saab is one of six contractors now pre-qualified to compete for
each range project.

"We are very pleased that the US Army has selected Saab to compete for
task orders within this contract. It opens up significant possibilities
to provide the US Army with our wide range of target products in
addition to our well established programs in laser simulation and
instrumentation," says Jorgen Lindgren, president of Saab Training LLC.

The contract will provide the US Army with the newest generation of
targetry for both infantry and armor units and includes communication
technology using permanent wired or radio controlled equipment. The
ranges will portray and replicate battlefield scenarios combining both
audio and visual events with increased detection of hit/misses and
enhanced durability.

The targets are produced by Saab Training Systems AB, of Huskvarna,
Sweden. Saab has been a leader in target development and manufacturing
since 1965. The first armor targets for the US Army were produced by
Saab with thousands still in daily use. This newest contract represents
a fielding of fifth generation of Saab targets. The second generation
was delivered to the US Army in the early 1970's and is still in wide
use throughout the world.

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 capabilities in systems

For further information, please contact:
Jorgen Lindgren, Saab Training LLC, USA Phone: +1 (407) 380-2425
Robert Clydesdale, Saab Training LLC, USA Phone: +1 (770) 998-3159
Ronnie Larsson, Saab Training Systems AB, Sweden Phone: +46 36-38 87

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