Saab signs Gripen agreement with FMV

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Defence and security company Saab has received an order from FMV (the Swedish Defence Material Administration) regarding the Gripen system for the continuous upkeep of its operative capability. The order is worth MSEK 120.

The order includes technical support, product maintenance, flight test and simulators to ensure the operative capability of the Gripen system. The work will be done during the second quarter of 2011, mainly at Saab facilities in Linköping, Arboga, Gothenburg and Järfälla.

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, adapts and improves new technology to meet customers’ changing needs.

For further information, please contact:

Saab's press centre, +46 (0)734 180 018, presscentre@saabgroup.com

www.saabgroup.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 March 3 at 17.00.

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