Saab delivers first Airbus component

Saab delivers first Airbus component Today at a ceremony in Linköping, Saab AB delivered the first pair of Pressurized Lateral Floor to Airbus´s French partner Aerospatiale Matra. The units, which weigh approx. 400 kg each, are intended for the new A340-500/600 Airbus aircraft. The delivery is the first in a series of components for Airbus, and the total order value for the floorings is approx. USD 75 million. "This is an historic day, as it is Saab's first ever delivery to Airbus, an order we won in stiff competition with other suppliers," says Pontus Kallén, General Manager of business unit Collaborative Programs. He continues, "Aerospatiale Matra gave us a design specification, and Saab itself was responsible for development, design and production of the unit based on this. The fact that we were entrusted with this is a clear indication of our great expertise in commercial aircraft, as well as our competitiveness." When Saab decided to terminate production of regional aircraft in December 1997, it was also decided to intensify efforts to become a partner of major commercial aircraft manufacturers, and Saab has already received orders from both Boeing and Airbus. Saab will deliver assemblies as parts for engine nacelles, landing gear doors and floor structures. In total, Saab has received orders for Airbus components worth some USD 200 million, just over SEK 1.6 billion. Saab AB is active in the aerospace- and defense industry and supplies advanced products and systems based on sophisticated information technology. The business areas are Military Aerospace, Space, Training Systems, Commercial Aircraft and Combitech. A picture of the floor structure is available at www.saab.se/imagebank For further information, please contact: Pontus Kallén, General Manager, Collaborative Programs, Saab AB tel +46 13-18 49 26 Stellan Eklöf, deputy General Manager, Collaborative Programs, Saab AB tel +46 13-18 25 57 Anders Annerfalk, Director, Corporate Communications and Public Affairs, Saab AB tel +46 13-18 20 22 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/08/27/19990827BIT00140/bit0001.doc http://www.bit.se/bitonline/1999/08/27/19990827BIT00140/bit0002.pdf

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