SaabTech Vetronics Fire-Control Systems, Orders to Switzerland and Finland for SEK 750 million.Business Editors STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden--(BUSINESS WIRE)--Dec. 18, 2000 In the last few days, SaabTech Vetronics has received two orders to supply the UTAAS fire-control system
A fire-control system is a computer, often mechanical, which is designed to assist a weapon system in hitting its target. to the armed forces of Finland and Switzerland. These orders have an estimated worth in the region of 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. 750 million. The systems will equip e·quip tr.v. e·quipped, e·quip·ping, e·quips 1. a. To supply with necessities such as tools or provisions. b. the Hagglunds CV 9030 combat vehicle. Finland has ordered 57 systems and Switzerland a total of 186 systems. The two projects will be conducted in parallel, with initial delivery scheduled for the autumn of 2001, and final delivery in the spring of 2005. On completion of the delivery of these systems, the SaabTech Vetronics fire-control system will have been fitted to a combined total of 950 combat vehicles. UTAAS (Universal Tank and Anti Aircraft System) is a modular fire-control system for the vehicle's turret-mounted gun. The system offers the latest in night-sight technology, featuring an IR camera, and is gyrostabilized with an independent sight line, ensuring high hit probability against all types of target. SaabTech Vetronics AB develops and markets Fire Control Systems, Battlefield Management Systems and Electronic Warfare Noun 1. electronic warfare - military action involving the use of electromagnetic energy to determine or exploit or reduce or prevent hostile use of the electromagnetic spectrum EW military action, action - a military engagement; "he saw action in Korea" Systems for combat vehicles. Saab is northern Europe's leading high technology company, mainly active in the defense, aviation and space industry, and offers advanced products and systems based on sophisticated information technology. The business areas within Saab are Infomatics, Aerospace, Dynamics, Technical Support and Services, Space and Aviation Services. www.saab.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2000/12/18/20001218BIT00440/bit0001.doc http://www.bit.se/bitonline/2000/12/18/20001218BIT00440/bit0002.pdf |
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