LINKÖPING, Sweden--(BUSINESS WIRE)--The defence and security company Saab has signed a framework agreement with Italian Piaggio Aero Industries. Within the framework agreement Saab receives an order for the integration of surveillance systems in Piaggio Aero's new surveillance aircraft. The order is valued at Euro 15,5 million (approximately SEK 135 million).
The new aircraft, Piaggio Aero MPA (Multirole Patrol Aircraft), is a multi-functional aircraft and can be used for airborne patrols over land and sea.
Within the framework agreement Saab receives an initial order for the delivery and integration of the surveillance system MPA Mission System. The order comprises two MPA aircraft and requires Saab to integrate a package of advanced surveillance equipment comprising of sensors, radar, infra-red cameras and a mission system.
"Saab has many years' experience of integrating surveillance systems on its own platforms and others, and on different types of aircraft,” says Lars-Erik Wige, Head of business area Support and Services at Saab. “This order proves Saab's ability to deliver market-leading and high-performing surveillance systems in a very short time, whist being competitively priced at a level that suits the market.”
Deliveries are scheduled for the period 2012 to 2015.
The framework agreement aims to regulate the relationship between the two parties and the terms and conditions for future orders.
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.
The information was released for publication on 27 December at 07.30.
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