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Saab Wins M EUR 100 Contract for Surface-to-Surface Missile System RBS15 Mk3 to the Polish Navy.


STOCKHOLM, Sweden -- Today the procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases.  contract for the heavy-weight Surface-to-Surface Missile sur·face-to-sur·face missile
n. Abbr. SSM
A missile launched from land or sea at a target that is also on the earth's surface.
 System RBS RBS Royal Bank of Scotland
RBS Role Based Security
RBS Rollback Segment
RBS Rare Book School (University of Virginia)
RBS Rural Business Cooperative Service
RBS Ribosome Binding Site (genetics) 
15 Mk3 was signed by Saab Bofors Dynamics Saab Bofors Dynamics, located in Karlskoga, Sweden, is a subsidiary of Saab AB that specializes in defense materiel such as missile systems and anti-tank systems.

Its corporate heritage goes back to Bofors, which was founded in 1873.
 and the Polish companies This is a list of companies from Poland.

Since the fall of communism many major companies have been established in Poland. The following list includes both fully Polish companies and foreign owned firms with independent Polish operations, such as Fiat Poland.
 MESKO and BUMAR. MESKO and BUMAR are procuring the RBS15 Mk3 on behalf of the Polish Ministry of Defence. The value of the contract for Saab Bofors Dynamics is M EUR EUR

In currencies, this is the abbreviation for the Euro.

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.
 110.

Poland is the 2nd NATO-nation to order the new generation RBS15 Mk3. Germany placed an order with the prime contractor Diehl BGT Defence Diehl BGT Defence GmbH & Ko KG is a German arms manufacturer with headquarters in Überlingen. Diehl BGT produces mainly missiles and ammunition.

The company was founded in 2004 as result of the merger of Bodenseewerk Gerätetechnik GmbH and
 in September 2005.

"The Polish Navy is going through a major transformation in order to adapt to the new requirements of the future and the acquisition of the RBS15 Mk3 system is a very important milestone in this process," says Fleet Admiral Roman Krzyzelewski, Commander in chief of the Polish Navy.

The ordered missiles will arm Poland's ORKAN-class corvettes, which are currently under modernisation. This contract is follow-on to the ship integration contract signed in 2001 with Thales Naval Netherlands for the supply of ship equipment.

"This is another proof of the RBS15 Mk3, and we are naturally both pleased and proud that the Polish Navy has chosen us and our business partner", says Tomas Samuelsson, President of Saab Bofors Dynamics.

The RBS15 Mk3 is a powerful, versatile Surface-to-Surface Missile system with a range of more than 200 km and the added capability to combat land targets. Saab Bofors Dynamics has a co-operation agreement with Diehl BGT Defence, Germany, encompassing development, production and marketing of the RBS15 Mk3.

The contract will become effective when a separate offset agreement has been signed with the Polish Ministry of Economy, which is planned to be signed later today.

Saab is one of the world's leading high-technology companies, with its main operations focusing on defence, aviation and space. The group covers a broad spectrum of competence and capabilities in systems integration.

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Publication:Business Wire
Date:Oct 6, 2006
Words:402
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