Saab Integrates Surveillance System for Piaggio Aero Industries

  Saab Integrates Surveillance System for Piaggio Aero Industries

Business Wire

LINKÖPING, Sweden -- December 27, 2012

The defence and security company Saab has signed a framework agreement with
Italian Piaggio Aero Industries. Within the framework agreement Saab receives
an order for the integration of surveillance systems in Piaggio Aero's new
surveillance aircraft. The order is valued at Euro 15,5 million (approximately
SEK 135million).

The new aircraft, Piaggio Aero MPA (Multirole Patrol Aircraft), is a
multi-functional aircraft and can be used for airborne patrols over land and
sea.

Within the framework agreement Saab receives an initial order for the delivery
and integration of the surveillance system MPA Mission System. The order
comprises two MPA aircraft and requires Saab to integrate a package of
advanced surveillance equipment comprising of sensors, radar, infra-red
cameras and a mission system.

"Saab has many years' experience of integrating surveillance systems on its
own platforms and others, and on different types of aircraft,” says Lars-Erik
Wige, Head of business area Support and Services at Saab. “This order proves
Saab's ability to deliver market-leading and high-performing surveillance
systems in a very short time, whist being competitively priced at a level that
suits the market.”

Deliveries are scheduled for the period 2012 to 2015.

The framework agreement aims to regulate the relationship between the two
parties and the terms and conditions for future orders.

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 was released for publication on 27 December at 07.30.

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Contact:

Saab's press centre
+46 (0)734180018
presscentre@saabgroup.com