US Army places new orders for Saab`s Carl-Gustaf

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Defence and security company Saab has signed a new contract with the US Army
for the company`s Carl-Gustaf man-portable weapon system. This marks the second
time the US Army has bought the 84mm recoilless rifle system to equip its
forces. The total order value is $31 million (approximately MSEK 205).


Long in service with US Special Operations Forces, the system has only
recently been taken into service by the US Army for its regular infantry units
as well.


“This is another great milestone for Saab and the Carl-Gustaf system. This
new order demonstrates the continued belief by the customer in the capabilities
and versatility of our product,” says Tomas Samuelsson, senior VP and head of
Saab`s business area Dynamics.


“The fact that the US Army continues its plans to deploy this game-changing
weapon system to its main-line units speaks for itself. The Carl-Gustaf has
repeatedly proven itself in the most demanding environments and it is a
versatile, powerful tool for the soldier,” said Saab North America president,
Dan-Åke Enstedt.


The Carl-Gustaf system has a successful history, and has successively been
modernised and adapted to meet new requirements. A true multi-role, man-portable
shoulder-fired weapon, the system is in use in more than 40 countries worldwide.
Currently produced as the Carl-Gustaf M3 version, Saab continues to develop this
reliable system with the aim to provide a more advanced lighter weight version
in the future.


With several locations across the US, Saab North America provides a broad
range of products, services, and solutions, ranging from defence to homeland
security, to customers in the US and Canada.


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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.


For further information, please contact:


Saab Press Centre, +46 (0)734 180 018, [email protected]


www.saabgroup.com
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www.saabgroup.com/YouTube


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 September 26 at 08.00
(CET).