An order worth 500MSEK to Saab Bofors Dynamics

An order worth 500MSEK to Saab Bofors Dynamics The Finnish Naval Headquarters and Saab Bofors Dynamics has signed a contract for enhancing the Finnish Navy's anti-ship missile capability. The agreement includes deliveries of new equipment as well as upgrade of the existing inventory. The RBS15 has been in service with the Finnish Navy since the end of the 80ies and this contract is a significant sign of trust in the Swedish system. The program is based on the Finnish Navy's, as well as Saab Bofors Dynamics', long experience in anti-ship missile systems and the development of the new RBS15 Mk3. Both parties have jointly defined the Finnish Navy's version of the new RBS15. During the definition phase the parties have used common resources and skills, such as the Navy's tactical and operational knowledge and Saab Bofors Dynamics' Hardware-In- The-Loop facility for Target Seeker development, to define a state-of- the-art system for the future. This customized version of the RBS15 Mk3 standard is denominated RBS15 SF3 by the Finnish Naval Headquarters. The program also involves a significant technology transfer and Finnish participation. The contract value is in the order of half a billion SEK. Saab is one of the world's leading high-technology companies, with its main operations focusing on defence, aviation and space. The group covers a broad spectrum of competence and capability in systems integration. For further information, please contact: Gunnar Språng, Saab Bofors Dynamics phone: +46 13 186110 Cdr. Ilpo Bergholm, Finnish Naval Headquarters phone: +358 9 18124213 www.saab.se. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/14/20010614BIT00440/bit0002.doc http://www.bit.se/bitonline/2001/06/14/20010614BIT00440/bit0002.pdf

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