Defence and security company Saab has received an order from FMV (Swedish Defence Material Administration) for six Gripen aircraft intended for the Royal Thai Air Force. The order is worth approximately 2,2 billion SEK. The six Gripen aircraft are of the single-seat C version and the project duration is between 2010 -2013. They are part of an intergovernmental business transaction where FMV, as representative of the Government of Sweden, sells an integrated air-defence system based on products manufactured by Saab, including Gripen.
Image: Royal Thai Air Force Gripen and Saab 340 AEW. Photographer: Peter Liander, Saab.
Saab’s role in this business transaction is to, as an FMV sub-supplier, deliver the ordered Gripen aircraft and to upgrade the Saab Erieye radar system equipped Saab 340 that FMV is selling to Thailand.
The order is a follow-up to an earlier order from 2008 when FMV ordered six Gripen intended for Thailand.
“The order strengthens the co-operation between Thailand and Sweden. It also serves as further proof of Saab’s ability to deliver sophisticated integrated defence systems as well as strengthening international faith in the Gripen system,” says Håkan Buskhe CEO of 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 improves new technology to meet customers’ changing needs.
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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 November 23 at 13.00.