Saab Receives Order for Combat Management and Radar Systems for Royal Thai
LINKÖPING, Sweden -- October 3, 2013
Defence and security company Saab (STO:SAABB) has signed a contract with
Daewoo Shipbuilding and Marine Engineering Korea, for development and
integration of combat management and radar systems on a new frigate for the
Royal Thai Navy. The order amounts to MSEK 850.
The contract comprises of combat management system and radar system.
Saab is the combat system integrator. In addition to the supply of its own
systems, Saab is also responsible for procurement and integrations of
Deliveries of ship equipment are scheduled to commence in 2016 and production
will take place in Sweden, Denmark, Thailand and Australia.
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.
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 October 3 at 12.30.
This information was brought to you by Cision http://news.cision.com
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