Saab Training LLC, U.S.A Awarded Firm Fixed Price Contract


LINKOPING, Sweden, May 15, 2002 (PRIMEZONE) -- Saab Training LLC of Orlando, Florida, U.S.A 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 U.S. 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 U.S. Army has selected Saab to compete for task orders within this contract. It opens up significant possibilities to provide the U,S, Army with our wide range of target products in addition to our well established programs in laser simulation and instrumentation," said 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 U.S. 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 U.S. 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 integration.

For further information, please contact:


Jorgen Lindgren, Saab Training LLC, U.S.A
Phone: +1 (407) 380-2425

Robert Clydesdale, Saab Training LLC, U.S.A
Phone: +1 (770) 998-3159

Ronnie Larsson, Saab Training Systems AB, Sweden
Phone: +46 36-38 87 90

For info on U.S. projects contact - market@saabtraining.com

www.saabtrainingsystems.comwww.saab.se

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:


www.waymaker.net/bitonline/2002/05/15/20020515BIT00210/wkr0001.doc
www.waymaker.net/bitonline/2002/05/15/20020515BIT00210/wkr0002.pdf