Defense and security company Saab has signed a contract regarding further deliveries of components for the M3 Carl-Gustaf man-portable weapon system. The order sum is MSEK 105 and deliveries will take place during 2012.

The Carl-Gustaf system has a long and successful history, and still proves itself to be a highly modern and capable Ground Support weapon.

“This is very positive and it further proves the capability of the Carl-Gustaf system which until now has been exported to more than 40 customers around the world,” said Tomas Samuelsson, Senior Vice President and Head of Business Area Dynamics.

The system has successively been modernized and adapted to meet new requirements. With the Carl-Gustaf M3 version Saab offer state-of-the-art capability for demanding customers investing in the future.

The industry’s nature is such that depending on circumstances concerning the product and customer, information regarding the customer will not be announced.

On the other hand, Saab has received an order from FMV (the Swedish Defense Materiel Administration) for system maintenance and development studies 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 implement studies regarding further development.

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 total order amounts to MSEK 500 with the activities to be carried out during the first four months of 2012.

Additionally, Saab received on Monday an order from the Swedish Defence Materiel Administration, FMV. The order sum amounts to MSEK 146 and the work will be carried out during 2012.