Saab receives order from FMV regarding Gripen system

Saab receives order from FMV regarding Gripen system

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