Saab has received a $803 million order for Gripen E role equipment, along with support and maintenance equipment for Swedish defense forces, the company announced.
The order is part of Saab’s existing agreement with the Swedish Defense Materiel Administration (FMV) covering activity for the Gripen E from 2013 to 2026. Delivery will begin in 2016.
This is the fourth order under the Gripen E agreement between Saab and FMV announced on 15 February 2013. Three earlier orders, linked to the development and production of Gripen E, were received during 2013. Work will be performed within the business areas Aeronautics, Electronic Defense Systems and Support & Services.
“Work with Gripen E goes according to schedule and budget. This order represents another important step in Saab's commitment to deliver the next generation of the Gripen system to Sweden,” Lennart Sindahl, Senior Executive Vice President of Saab and Head of Saab's business area Aeronautics said.
Gripen is unique in combining high technology and capabilities with cost efficiency. Gripen E has significant performance improvements, including a more powerful engine, longer range, more weapons, new AESA radar and more advanced avionics.
Saab will present the newly-developed next generation Carl Gustaf M4 at the 2014 Association of the U.S
Saab has con a $17.9 million contract from the Swedish Defense Materiel Administration to overhaul the HMS Halland, a Gotland-class submarine commissioned in 1997
Saab has won a contract valued $6 million for their latest advanced Softkill solution, the LEDS-50 MK2 from an undisclosed customer. The LEDS-50 MK2 provides additional protection to the vehicle and crew by detecting the presence of latest generation laser threats and automatically deploying countermeasures to avoid the vehicle being hit by the threat
Saab has been awarded a contract from the Norwegian Army for development and serial deliveries of the new generation GAMER vehicle simulators (a dual-simulator training system). The total order amounts to SEK 142 million
Saab has received an order from the Swedish Defence Material Administration (FMV) to provide new sensor systems for two A26-type submarines and two Gotland-class submarines. The contract is valued at SEK 420 million
The Saab Gripen is quietly usurping fighter aircraft sales while competitors like the Lockheed F-35 face cuts in global sales orders. In October, Saab won a $5
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