Defence and security company Saab has received an order for naval fire control and radar systems.The order amounts to SEK 450 million and involves business areas Security and Defence Solutions and Electronic Defence Systems.
The fire control system and radar systems will be integrated with a third party combat management system. Development and deliveries will take place 2012-2017.
The defence and security industry’s nature is such that information regarding customers and products sometimes is subject to confidentiality agreements between Saab and its customers. For this reason further information about this order will not be announced.
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, adopts and improves new technology to meet customers’ changing needs.
Source: Saab AB (OMX Stockholm: SAAB B)
Date: Aug 7, 2012