Defence and security company Saab has received an order amounting to MSEK 1,034 from FMV (the Swedish Defence Materiel Administration) for system maintenance and development studies regarding Gripen.

In accordance with the order from FMV, Saab will undertake continual maintenance and updates for the Gripen C/D in compliance with the Swedish Armed Forces' long-term planning for the Gripen system. Saab will also implement studies regarding further development and basic resources will be provided to perform renewed testing and verification of the Gripen system in the long-term.

Saab will also maintain the Gripen C/D system's operational capability. The order includes technical support, product maintenance, flight testing and flight simulator operation to ensure the operational capability of the Gripen system.

The total order amounts to MSEK 1,034 with the activities to be carried out during 2011.

For further information, please contact: Saab Press Centre, 46 (0)734 180 018 www.saabgroup.com

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.

This information was distributed by Cision