Saab wins contract to upgrade combat management and fire control systems for Royal Thai Navy.

M2 EQUITYBITES-June 3, 2011-Saab wins contract to upgrade combat management and fire control systems for Royal Thai Navy(C)2011 M2 COMMUNICATIONS https://www.m2.com

Swedish defence and security company Saab (STO:SAABB) said today that it has won two orders from the Royal Thai Navy valued at a total of SEK454m.

Under the new contract, which covers the period from 2011 to 2014, Saab will upgrade combat management and fire control systems on two frigates of the Naresuan class.

Saab will also supply data-link equipment to the ships to enable communication between the frigates and Thailand's existing Gripen aircraft and Saab 340s.

(EUR1=SEK8.98)

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