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SAAB Regulatory Filings 2019
2958_iss_2019-11-19_425d1cf7-3c26-4e5e-8c99-ea6ce0e65858.pdf
Regulatory Filings
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PRESS RELEASE
Page 1 (1)
Date Reference 19 November 2019 CU 19:079 E
United Arab Emirates Announces Intention to Procure Additional GlobalEye from Saab
The United Arab Emirates announced today, at the Dubai Airshow, that they intend to conclude a contract amendment for the purchase of two additional GlobalEye Airborne Early Warning & Control aircraft from Saab.
According to today's announcement, the potential order value related to this contract amendment would be USD 1.018 billion.
A period of final negotiations will now follow. Saab has not yet signed the contract amendment or received an order relating to today's announcement.
The original development and production contract for GlobalEye was awarded to Saab at the Dubai Air Show in November 2015 by the United Arab Emirates with an initial order for two systems. An additional order by the UAE for a third system was announced in 2017.
GlobalEye provides air, maritime and ground surveillance in a single solution. It combines a new extended range radar with the ultra-long range Global 6000jet aircraft from Bombardier.
For further information, please contact:
Saab Press Centre +46 (0)734 180 018 [email protected]
Ann Wolgers, Press Officer +46 (0)734 18 70 52
www.saab.com www.saabgroup.com/YouTube
Saab serves the global market with world-leading products, services and solutions within military defense and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers' changing needs.
The information is such that Saab AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on 19 November 2019 at 10:55: (CET).
Saab AB (publ) Postal address Telephone Telefax Registered office VAT No SE-581 88 Linköping Sweden
+46 (0)13 18 00 00 +46 (0)13 18 72 00 Linköping SE556036079301
Registered No Internet address 556036-0793 www.saabgroup.com