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Business/Financial

Saab Wins $21 Million Contract To Provide Training System To Austrian Army

Tuesday, September 29th, 2015

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Saab Wins $21 Million Contract To Provide Training System To Austrian Army

Saab AB was awarded a contract worth over $21 million by the Austrian Federal Ministry of Defence to supply a new advanced training system for the Austrian Army, the company said Tuesday.The contract includes Saab’s next generation of soldier training systems with new add-on equipment that is meant to extend the current system.Saab highlighted Austria previously purchased simulation systems from the company for its tanks, anti-tank weapons, and soldiers. Under the contract, the company will also deliver a mid-life upgrade…

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