Saab has signed a support agreement with the United Arab Emirates (UAE) regarding the advanced airborne early warning and control (AEW&C) solution GlobalEye. The agreement is valid between 2020 and 2022, with an order value of 144.9 million US$.
The agreement covers support and maintenance for the airborne surveillance system GlobalEye.
The support and maintenance will be executed locally in the United Arab Emirates.
Saab also announced it has received an order for Carl-Gustaf® ammunition and AT4 systems from the U.S. Army. The order value is approximately USD 100 million (930 MSEK) and deliveries will take place in 2021.
The order was placed within an indefinite delivery and quantity agreement signed in 2019, enabling the customer to place orders for Carl-Gustaf ammunition and AT4 systems during a five-year period to a value of up to US$ 445 million. The AT4 systems and the Carl-Gustaf munitions in this order will be operated by the U.S. Army, Marine Corps, and Special Forces Command.
“The Saab family of shoulder-fired munitions provides the U.S. Armed Forces with effective capabilities against a wide area of targets. With these systems, soldiers and Marines gain reliable, easy-to-use technology optimized for complex environments and engagements,” said Erik Smith, President and CEO of Saab in the U.S.
Since 1987, Saab has delivered more than 600,000 AT4s, both directly and under license, to the U.S. Armed Forces. The Carl-Gustaf system has been a program of record in the U.S. since 2013 and in 2018 the U.S. Army announced it would acquire the latest version of the system – the Carl-Gustaf M4 (designated M3E1 in the U.S.) with a reduced weight of less than 15 pounds (7 kilos).
The order was booked in Q2 2020.
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.