Saab receives order for weapon-locating system

Saab receives order for weapon-locating system

Defence and security company Saab has received an order for weapon
locating system ARTHUR from LIG Nex1 which is the prime contractor
towards Defence Acquisition Program Administration, Republic of Korea.
The order is worth MSEK 450.

 “We are delighted to have received this important additional order from
South Korea that further proves our customer's confidence in the
capabilities of our weapon locating system ARTHUR, says Micael
Johansson, Senior Vice President and Head of Saab's business area
Electronic Defence Systems.

ARTHUR is a stand alone C-band medium-range weapon-locating system that
detects and locates enemy fire. It utilises a passive phased-array
antenna technology for optimised battlefield performance. The technology
provides the perfect balance between mobility, range, accuracy, ECCM
(Electronic counter-countermeasures), operational availability and
operational cost.
The ARTHUR system is widely used by demanding customers around the
world. Examples of customers are Czech Republic, Denmark, Greece,
Norway, Spain, Sweden and UK. More than 60 ARTHUR units have been sold
and their availability is well proven from thousands of hours'
operation. The first ARTHUR order from South Korea came in 2007.

The system is developed by Saab in Gothenburg, Sweden. The main part of
the production for this program will be done at LIG Nex1 under a
localisation agreement between Saab and LIG.

LIG Nex1 Co. Ltd. develops and produces a wide range of advanced
precision electronic systems including missile, underwater weapon
systems, radars, electronic warfare, avionics, tactical communication
systems, fire control systems, naval combat systems, and electro-optics.
The company was founded in 1976 and is based in Seoul, South Korea.

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 31 January at 08.30.

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