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Monday, Nov 30, 2015

Saab Receives Order from FMV for Technical System Support

Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) to provide technical system support to the Swedish Armed Forces during 2014. The order amounts to SEK 107 million.

The order is a further option under an earlier agreement signed in June 2012 with FMV for performance-based support and maintenance of the Gripen fighter (i.e. Performance-Based Logistics, PBL).

This technical system support to the Armed Forces and FMV includes operational and technical support, equipment follow-up, proposed modifications, continuous updates, environmental technology and warehouse operations for replacement items.

“With this order, Saab contributes to an effective and accessible Gripen operation for Sweden in the coming year,” says Lars-Erik Wige, head of Saab's Support and Services business area.

The order will involve the Support and Services operations at Linköping, Arboga, Växjö and Östersund.

The original 2012 agreement with FMV includes options for additional orders to a maximum value of SEK1.37 billion until December 2016. With this order SEK 620 million of the available options have been exercised.

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Source : Saab AB (OMX Stockholm: SAAB B)

Published on ASDNews: Nov 26, 2013


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