Four orders from FMV for Gripen development

Saab has received four orders from the Swedish Defence Materiel Administration, FMV, for Gripen development, support and maintenance through 2016. The orders entails an initial order of SEK 3.6 billion plus options for additional orders amounting to a maximum of SEK 2 billion until December 2016. (Total approx. equal to US $809.6M including options.)