5/25/2010 7:15 AM EST
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Saab
Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) to develop an avionics system for the Swedish Armed Forces' Gripen aircraft. The order value amounts to MSEK 450, divided over 2 years.
The order means that work will begin on a new avionics system, including new computers and displays, which will enter into service 10 years from now.
"Gripen is under...