|[March 26, 2014]
Saab: Comment on Statement Regarding the Swedish Stand on the Underwater Domain from the the Minister for Defence
LINKÖPING, Sweden --(Business Wire)--
Defence and security company Saab (STO:SAABB) is currently working on
the order from the Swedish Defence Materiel Administration (FMV)
regarding a study on a consolidated underwater strategy. Commenting the
article by Karin Enström, Swedish Minister for Defence, in the Swedish
business daily Dagens Industri, Saab would like to clarify that no
further order has been placed.
As previously announced, defence and security company Saab, received a
contract from FMV at the end of February 2014. The order was to conduct
a study on a consolidated underwater strategy. This study is now being
carried out within the business area Security and Defence Solutions.
It is with interest Saab notes the article in Dagens Industri from the
Minister for Defence. Being one of the leading companies in the naval
domain in Sweden, Saab has extensive experience in several of the areas
mentioned in the article.
Up to this date, Saab has not received any further order in the under
water domain from FMV.
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 may be required to declare by the
Securities Business Act. The information was submitted for publication
on March 26 at 8.45 CET.
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