Saab receives order from FMV regarding Gripen System

Defence and security company Saab has received an order amounting to 128m Kronor, approximately €14m, from FMV (the Swedish Defence Materiel Administration) for system maintenance regarding Gripen. In accordance with the order from FMV, Saab will undertake continual maintenance and updates for the Gripen C/D in compliance with the Swedish Armed Forces’ long-term planning for the Gripen system. Saab will also maintain the Gripen C/D system’s operational capability. The order includes technical support, product maintenance, flight testing and flight simulator operation to ensure the operational capability of the Gripen system. The activities will be carried out during the second quarter of 2012.