Saab Awarded Contract for U.S. Army Gunnery Ranges

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News:

Saab (STO:SAABB) has received a MUSD 12.4 (approximately MSEK 96) contract to
produce and field simulators and targets for five gunnery ranges for the U.S.
Army.

The lead integrator for the ranges is General Dynamics Information Technology
who ordered the moving and stationary targets and simulators for installation
over the next two years.

The ranges are part of the Digital Range Training System (DRTS) programme which
provides live fire gunnery training facilities for the soldiers in a
train-as-you-fight environment using live simulation and an after action review
capability with position location, video imagery and digital vehicle
information. This order increases Saab`s product base within training systems in
the U.S. where it has been supplying targets and range controllers to the Army
and Marine Corps since 1980.

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.

www.saabgroup.com

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 June 16 at 12.30.

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