Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) to provide maintenance technical system support and spare parts for Gripen during 2015 on behalf of the Swedish armed forces. The contract value is approx. SEK 385 million.The order confirms previous option of services to be provided during 2015 and includes technical system support for the Swedish armed forces and FMV in the form of operational and technical support, equipment follow-up, proposed modifications, environmental technology plus warehouse operations for replacement units. The order also includes support and maintenance operations with a focus on technical publications, ground equipment and component maintenance to guarantee the continued operation of Gripen in Sweden, Czech Republic, Hungary and Thailand.
In addition, the order includes spare parts for the Gripen system, which is an extension of the long-term agreement from 2012, with SEK 100 million for 2015 and a framework for a possible volume of further SEK 100 million for 2016.
"This order for performance-based support and maintenance, as well as technical system support in 2015, guarantees an efficient operation for the Gripen system over the coming years," says Lars-Erik Wige, Head of Saab’s business area Support and Services.
The work will be carried out at Saab's Swedish facilities in Linköping, Arboga, Järfälla, Gothenburg, Växjö and Östersund.
The original June 2012 contract with FMV includes options for additional orders up to a maximum value of SEK 1.37 billion to the period ending in December 2016. With this order, a total of SEK 1.079 billion of the available options has been exercised.
Source: Saab AB (OMX Stockholm: SAAB B)
Date: Dec 22, 2014