Saab to supply advanced training systems to the U.S. Army

Saab to supply advanced training systems to the U.S. Army

Defence and security company Saab has secured a long-term framework
agreement with the U.S. Army Program Executive Office of Simulation,
Training and Instrumentation (PEO STRI). The framework agreement covers
radio systems for communication (LT2-IRS) for live training with a
potential total sum of approximately MSEK 260 ( MUSD 41). An initial
order of approximately MSEK 23,5 (MUSD 3.7) is already secured.

The framework agreement covers the production and fielding of seven
radio based communication systems over the next three years. The first
system will be delivered in November 2011 with an additional
instrumentation system delivered every eight months to seven U.S. Army
homestations worldwide. The framework agreement covers an initial one
year term with options for two more years.

“The receipt of the contract showcases Saab's capability, capacity and
competence in the instrumentation and communication systems field,” says
Lars Borgwing, President Saab Training USA.

Dan-Åke Enstedt, President of Saab North America continues, “We are very
pleased to field Saab equipment for the U.S. Army under this contract
and to continue providing equipment that will enhance our warfighters'
skills and capabilities. This contract is an excellent example of the
technology advantage we bring to our customers.”

With locations across the U.S., Saab provides a broad range of products,
services and solutions ranging from military defence to homeland
security to customers in the U.S and Canada.

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.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018

Saab North America Media Contact:

Mr. John A. Belanger, V.P., Head of Communications, Saab North America,
Inc.

john.belanger@saabgroup.com (john.belanger@saabgroup.com)

Tel: +1 (703)406-7905

www.saabgroup.com (http://www.saabgroup.com/),
www.saabtraining.com (http://www.saabtraining.com/)

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 April 12 at 11.00.