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LINKOPING, Sweden, May 5 (UPI) -- Saab of Sweden has signed a new contract for support and maintenance of the Helicopter 15 (Agusta 109 LUHS), operated by the Swedish armed forces.
The contract -- including options -- has a potential order value of about $148.2 million over 10 years.
Saab said the contract is for six years beginning in 2012 with an option for an additional two years and thereafter another two years.
The contract includes support and maintenance of all 20 helicopters, including materiel and technical personnel; base staff in the form of management, planning and administration; logistics and materials; and on-call services by additional technical personnel.
"With this contract, we are consolidating our previous long-standing and strong cooperation with the Swedish Defense Materiel Administration and the Swedish armed forces regarding their helicopter operations," said Lars-Erik Wige, head of Saab's Support and Services business area. "For Saab, this strengthens our core business."
Helicopter 15 operates from two bases in Sweden, Linkoping and Ronneby.
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REYKJAVIK, Iceland, June 19 (UPI) --
Iceland's new prime minister this week cited the country's mackerel fishing dispute with the European Union as a prime example of the value of sovereignty.
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PARIS, June 18 (UPI) --
MBDA's Meteor air-to-air missile is to be integrated onto Eurofighter Typhoon fighters, complementing missile systems already used by the aircraft.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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