Saab receives contract extension from Airbus

Defence and security company Saab has received a contract extension with Airbus for the A320-family Aileron for the life of this programme. Based on the current Airbus order backlog for the A320-family the initial contract is valued at 701 MSEK. Further Airbus sales will lead to additional orders and thereby increase the total contract value.Saab has delivered ailerons for the wings of the Airbus A320-family since 2000. Saab has carried out extensive work aimed at reducing product costs through innovative new design and manufacturing processes for these composite ailerons. Saab has