Ericsson Saab Avionics Receives an Order for Updating the JAS 39 Gripen Fighter.Business Editors & High Tech Writers STOCKHOLM, Sweden--(BUSINESS WIRE)--May 26, 2000 Ericsson Saab Avionics AB has received an order from Saab AB in Linkoping for electronics units for the Gripen batch 1 and 2 (140 planes). The order is worth approximately SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 55 million. Deliveries to Saab will begin in 2002. The order was received by Ericsson Saab Avionics' division in Jonkoping. The division has previously received orders for similar equipment for batch 3 (64 planes). The electronics unit, GECU GECU Government Employees' Credit Union GECU Gas Engine Control Unit (marine engines) , (General systems Electronic Control Unit) is a combined unit for controlling and monitoring the air, hydraulic and fuel systems and replaces the three separate units currently used in batches 1 and 2 of the plane. Updating with GECU involves the modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, of the electronics using compact construction technology and commercially available components, COTS (Commercial Off-The-Shelf) Refers to ready-made merchandise that is available for sale. See MOTS. (software) COTS - commercial off-the-shelf. See commercial software. . Ericsson Saab Avionics AB is owned jointly by Ericsson and Saab and is the principal supplier of electronic systems to the JAS 39 Gripen The Saab JAS 39 "Gripen" (Griffin or "Gryphon") is a fighter aircraft manufactured by the Swedish aerospace company Saab. Gripen International acts as a prime contracting organisation and is responsible for marketing, selling and supporting the Gripen fighter around the . Please visit http://www.bit.se for further information. The following files are available for download: http://www.bit.se/bitonline/2000/05/26/20000526BIT00450/bit0001.doc http://www.bit.se/bitonline/2000/05/26/20000526BIT00450/bit0002.pdf |
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