Saab Receives Order for Spare Parts for Gripen E

Defence and security company Saab has received an order for spare parts for Gripen E from the Swedish Defence Material Administration (FMV). The order is part of the Gripen E framework agreement which was signed between Saab and FMV in February 2013. The order value amounts to approximately SEK250 million and the order was booked as order intake in the second quarter of 2015.

The order comprises spare parts, such as components and devices, for Gripen E. Delivery is expected to take place in conjunction with initial aircraft delivery.

“This is an important first step to secure the equipment supply for the Swedish air force and Gripen E. We are pleased that we, together with our customer, have been able to secure competitive prices on essential equipment”, says Ulf Nilsson, head of Saab’s business area Aeronautics.

Source: Saab AB (OMX Stockholm: SAAB B)
Date: Jul 7, 2015