Saab signs an extension to a support contract with the British Army

Saab signs an extension to a support contract with the British Army

Defence and security company Saab has signed an extension to a support
contract with the British Army. The order sum is MSEK 150 and covers the
maintenance and support of delivered training systems used by British
Army and implementation of the OSAG 2.0 laser code.

This contract is an extension of existing support contract which enables
the British Army to conduct realistic combined arms training on the
training areas in UK, Canada and Germany. Saab will provide the service
for a period of two years.

“We will continue to support our delivered training systems, which
through continued upgrades in close co-operation between Saab and the UK
Army, meet the customers need of high performance training. The
implementation of OSAG 2.0 is a strategic decision, which will make it
easier for the British Army to train together with other nations,” says
Henrik Höjer, general manager Training & Simulation at Saab.

The extended Contract also includes the implementation of OSAG 2.0, a
new international standard for optical laser codes, that will enable the
British Army to be interoperable with other nation's laser based
Tactical Engagement Simulator Systems during joint exercises around the
world.

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 improves new technology to meet customers' changing needs.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018

www.saabgroup.com (http://www.saabgroup.com/)

The information is that which Saab AB is required to declare by the
Securities Business Act and/or the Financial instruments Trading Act.
The information was submitted for publication on 3 November at 15.00.