Danish Defence Acquisition and Logistics Organization Terminate Contract with Saab
Tuesday February 26, 10:12 am ET
STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
The Danish Defence Acquisition and Logistics Organization (FMT), yesterday terminated a contract with Saab (STO:SAABB) regarding a Command and Control System called DACCIS, aimed for the Danish Army. The FMT has also claimed Saab for some DDK 143 million. Development of the current version of DACCIS has been ongoing for three years.
During the negotiation of an amendment, Saab and FMT have had different perspectives of the prerequisites, however it’s Saab’s belief that the amendment now can be implemented according to FMT’s specifications and that the development can continue in a dialog with the FMT. Saab does not see any ground to terminate the contract.
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.
Saab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 15.50 on February 26, 2008.
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BAE SYSTEMS RECEIVES CONTRACT FROM DANISH DEFENCE ACQUISITION FOR LEMUR
20 Mar 2007 | Ref. 080
KARLSKOGA, Sweden – BAE Systems has received a SEK 330 million (approximately $50 million) contract from the Danish Defence Acquisition and Logistic Organisation to provide the Remotely Controlled Weapon Station to the armed forces’ newly purchased vehicles, Piranha III and Eagle IV.
“LEMUR is a system that uses the latest technology for soldiers in all scenarios, day-night and into UN operations around the globe for the Danish forces in order to protect the user from being exposed outside the vehicle,” said BAE Systems product director Tomas Erlandsson.
Deliveries will begin in May 2007 and are expected to be completed by fall 2008. All assembly, final testing and delivery will take place at the DALO workshop in Hjörring and Fredrikshamn Denmark.
LEMUR is a fully stabilized remotely controlled weapon station that can fit either a 12.7 mm machine gun or a 40 mm grenade launcher. The system is equipped with a thermal infrared camera coupled with a day camera and laser range finder.
The system is splinter protected and operated by a gunner through a color display and a two-hand control handle. The system can carry 300 rounds of 12.7 mm or 48 rounds of 40 mm ready to fire.
According to Erlandsson, the system is also modular designed in order to fit applications from wheeled or tracked combat vehicles to naval protection system and as a sensor and fire control system for other weapons.
About BAE Systems
BAE Systems is a global defense and aerospace company, delivering a full range of products and services for air, land, and naval forces, as well as advanced electronics, information technology solutions, and customer support services. BAE Systems, with 88,000 employees worldwide, had 2006 sales that exceeded $25 billion.
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