Saab Receives New Order for System Support for the Swedish Armed Forces

, Saab has received a new significant order from the Swedish Armed Forces. Saab and the Swedish Defense Materiel Administration, FMV, recently signed an agreement regarding technical system support for operation and maintenance of military materiel systems. The agreement is worth up to 230 million SEK. 
 
The order from FMV will be closer to 100 million SEK during 2007 with the option of extending through 2008 worth an additional 100 million SEK, should FMV choose to extend the contract. In addition, an option of 30 million SEK for ground materiel during 2007 is also included. 
 
“This is a strategically important order for us. Partly because it is one of the larger orders we have received from the Swedish Armed Forces and partly because it is long-term. In addition, it falls within our core area and gives us the opportunity of not only continuing to develop our expertise but also paves the way for future support business”, says Bo Petersson, Vice President of Saab Aerotech's Ground Support Services Division. 
 
Saab Aerotech develops and provides technical system support in Link