Defence and security company Saab has received an order from the French Defence Forces through Dga (Direction générale de l'armement) for additional Light Anti-Tank Weapon AT4CS. The order value is approximately MSEK150 (approximately 15 Million €).
The contracted product 84 mm light anti tank weapon AT4CS can be fired from confined spaces, which often is the requirement when fighting in built up areas. The new French contract will be delivered during three years starting end 2011.
This contract is the fourth AT4CS contract from France. In total Saab has received orders from France for AT4CS totaling more than SEK 1000 Million (100 Million €).
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.
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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 November 24 at 14.45