Saab signs additional Carl-Gustaf contract with Australia

Saab signs additional Carl-Gustaf contract with Australia

The defence and security company Saab has received an order from
Australia for ammunition to the Carl-Gustaf M3 weapon system. The order
sum is MSEK 160.

It is the Australian Defence Materiel Organisation (DMO) that has
selected Saab to be the provider of various versions of 84 mm
Carl-Gustaf ammunition.

“This shows the high level of trust Australia have for the Carl-Gustaf
system. It is a strategic and important contract securing production as
well as contributing to further development of the system” says Tomas
Samuelsson, Head of business area Dynamics.

In late 2009 the Australian Defence Force selected the Carl-Gustaf M3
weapon system after thorough evaluation as their future multi-purpose
weapon system. The Carl-Gustaf weapon until now has been exported to
more than 40 nations worldwide.

Manufacturing will be done by Saab in Karlskoga, Sweden, and deliveries
take place within the next half year.

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 10 November at 10.00.