Releases - Saab

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2004

 

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AerotechTelub wins training systems order from Hägglunds

12/27/2004 4:00 AM EST
AerotechTelub has signed a contract with Land Systems Hägglunds AB for an engineer training and education system. The system is for use by the Swiss Army for training on the CV9030 CH Combat Vehicle, made by Hägglunds. The agreement is worth in the region of MSEK 40 and relates to deliveries in 2005-2006. The order will primarily affect AerotechTelub’s operations in Arboga and Linköping, Sweden.

Saab Systems wins order for further development of Armed Forces air defence syst...

12/22/2004 4:26 AM EST
Saab Systems has received an MSEK 98 order for continued development of StriC, the Swedish Air Defence System, and Strics, a customized air simulator system for StriC. StriC has been used by the Swedish Air Force since 1998 in control of the JAS 39 Gripen fighter.
“This is a very important order for the Swedish Armed Forces and Saab, as it contributes to the continued development of Saab Systems’ world-leading...

Saab to divest Short Range Radio activities

12/21/2004 9:00 AM EST
Saab is divesting its activities in the field of short range radio communication, currently operated by the wholly owned subsidiary Saab Communication AB.
The buyer is the newly formed Telephonics Sweden AB, a wholly owned subsidiary of Telephonics Corporation based in New York, US.

“The divestment is a stage in the increased focus on our core business. We believe the operation will have better conditions to...

Saab wins RBS 70 order from Czech Republic

12/15/2004 9:20 AM EST
Saab Bofors Dynamics AB has won another contract for the RBS 70 Air Defence Missile System, this time with the Czech Armed Forces as the end customer. The order is worth MSEK 204 to Saab.
“In the past three years we have sold RBS 70 systems worth a total of over one billion SEK. This shows that the system is well adapted to meeting different customers’ demands for modern anti-aircraft defence, and is performing...

SAAB Board Meeting today announces changes in BAE Systems engagement in SAAB

12/7/2004 7:19 AM EST
SAAB takes increased marketing responsibility for Gripen fighter aircraft and BAE SYSTEMS intends to reduce its shareholding in SAAB
In 1995 SAAB and BAE SYSTEMS created a 50/50 Joint Venture to develop and explore the Gripen Export business. In order to adapt to both external and internal dynamics, this Joint Venture has evolved including the creation of Gripen International as the export marketing...

Saab and Embraer sign Component Maintenance Agreement worth MSEK 100

12/3/2004 5:00 AM EST
Saab Aviocomp AB has signed an agreement with Embraer Aviation International under which it will support Embraer with rotable component maintenance for a designated component package that is included in Embraer’s Pool Program. The agreement is on a long-term basis and value could be up to MSEK 100 considering the market potential.
“We are pleased to complete the negotiations with Embraer and to be selected to...

Saab Bofors Underwater Systems becomes Saab Underwater Systems

11/30/2004 5:00 AM EST
The Saab subsidiary Saab Bofors Underwater Systems AB is now changing name to the short and powerful Saab Underwater Systems AB.
Saab Underwater Systems is one of the world leaders in the area of underwater systems, with special focus on shallow and difficult underwater environments. The company focuses on sensor systems, precision engagement systems, remotely operated and autonomous underwater vehicles, i.e....
04-080 a400mforest3400
 

Saab and Airbus sign contract for A400M

11/29/2004 6:00 AM EST
Saab AB and Airbus have today signed an agreement for the development and production of the crew entrance door for the A400M military transport aircraft. The contract value could be up to MSEK 400 considering the market potential and makes Saab a risk-sharing partner in the A400M program.
“We are proud that Airbus has chosen Saab Aerostructures to develop and produce the crew entrance door for the A400M. We...
04-079 RBS70-2
 

Another NATO country buys RBS 70

11/25/2004 5:00 AM EST
Saab Bofors Dynamics has signed a contract with Latvia regarding the RBS 70 Air Defence Missile System. The order is worth MSEK 185 for Saab. The Latvian Air Force is the end customer and user of the system.
Latvia is now the seventeenth country to acquire RBS 70. In recent years major orders for the system have also been received from Finland and Australia.

“It is very pleasing and an excellent testimony to...

The following cautionary announcement was issued in South Africa to the sharehol...

11/9/2004 11:13 AM EST
ovember 9, 2004

"The board of directors of Grintek has been informed by SAAB AB ("SAAB"), through its wholly owned subsidiary SAAB South Africa (Proprietary) Limited ("SAAB SA"), that Saab is investigating proposals which may lead to it making an offer, subject, inter alia, to the approval of the necessary regulatory authorities, to acquire all of the Grintek shares that it does not already own other than...

Saab

Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and i...

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