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May 31, 2016 / 10:33 AM

Saab receives AEW&C system order

Contract is worth about $132 million.

Saab has received a contract worth $132 million for its Airborne Early Warning and Control system, the company announced Tuesday. Photo courtesy Saab.

Saab has received a contract worth $132 million for its Airborne Early Warning and Control system, the company announced Tuesday. Photo courtesy Saab.

STOCKHOLM, Sweden, May 31 (UPI) -- Saab has received an order for its Airborne Early Warning and Control system, the company announced Tuesday.

The contract with an undisclosed buyer is worth $132 million. Deliveries will be made from 2016 to 2018.

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The AEW&C system can be used for border surveillance, anti-crime and terrorism efforts, as well as search and rescue operations.

The contract is subject to the fulfillment of certain financial conditions, with work to be undertaken at Saab's Surveillance business area and Support and Services business area.

Saab's AEW&C systems are utilized by eight countries and combine Saab's Erieye Extended Range radar and mission system, as well as the Global 6000 jet, manufactured by Bombardier.

The system can undertake simultaneous long-range detection in land and maritime domains, as well as airborne tracking and surveillance, from a single platform, the company says.

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