Saab : Receives Order within Training Contract with U.S. Marine Corps
March 09, 2022 at 05:43 pm EST
Share
IN 5000356-423 Issue 1 06.11 Word
PRESS RELEASE
Page
1 (2)
Date
Reference
9 March 2022
CU 22:009 E
Saab Receives Order within Training Contract with U.S. Marine Corps
Saab has received a contract modification from the U.S. Marine Corps within the Force on Force Training Systems - Next (FoFTS-Next) program. The modification value is approximately USD 122 million, where USD 54 million was booked during 2021. The original contract was announced in June 2021. The contract modification announced today also includes options, which increases the potential total contract value up to USD 248 million.
Saab will provide a deployable, live training capability to include equipment for individual Marine weapons and vehicles, as well as logistics, maintenance, and training exercise support.
The FoFTS-Next program will include U.S. Marine Corps Training Instrumentation Systems (MCTIS) equipment for up to 10 battalion training sets, and the establishment of support operations at various Marine Corps Installations.
"The deployable and expeditionary MCTIS capability is an advanced training solution that will ensure Marines train and learn in the most realistic environment. The system will enhance Marines' performance and survivability on the battlefield by developing and reinforcing proper tactics, techniques, and procedures. Saab is proud to be the U.S. Marine Corps training partner for the next generation of Marine warfighters," said Erik Smith, President and CEO of Saab in the U.S.
The expeditionary MCTIS capability is the premier land-based live training capability in the world and is fully interoperable with the land forces training of more than 30 NATO and partner nations.
For further information, please contact:
Kevin Boland
Director, Corporate Affairs (202) 313-8541
Saab AB (publ)
Postal address
Telephone
Website
Registered office
VAT No
SE-581 88 Linköping
+46 (0)13 18 00 00
www.saab.com
Linköping
SE556036079301
Sweden
Registered No
556036-0793
PRESS RELEASE
Page
2 (2)
Kevin.boland@saabinc.com
www.saabinc.com
Follow @saab_inc on Twitter,Instagram, and LinkedIn.
Saab is a leading defense and security company with an enduring mission, to help nations keep their people and society safe.
Empowered by its 18,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defense capability of several nations.
Saab, Inc. is a U.S. based wholly owned subsidiary, delivering advanced technology and systems, supporting the U.S. Armed Forces and the Federal Aviation Administration, as well as international and commercial partners. Headquartered in Syracuse, New York, the company has business units and local employees in six U.S. locations.
IN 5000356-423 Issue 1 06.11 Word
Saab AB (publ)
Postal address
Telephone
Website
Registered office
VAT No
SE-581 88 Linköping
+46 (0)13 18 00 00
www.saab.com
Linköping
SE556036079301
Sweden
Registered No
556036-0793
Attachments
Original Link
Original Document
Permalink
Disclaimer
Saab AB published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 22:42:05 UTC.
Saab AB is a Sweden-based company offering products and services ranging from military defense to civil security. The Companyâs operations are divided into six business areas. The Aeronautics includes the development of civil and military aviation technology, including the Gripen and Unmanned Aerial Systems. The Dynamics comprises a product portfolio of weapon systems, such as support weapons, missiles, Remotely Operated Vehicles and signature management systems. The Electronic Defense Systems provides airbone, land-based and naval systems and radar, signals intelligence and self-protection. The Security and Defense Solutions provides the military and civil security market with, among others, computerized command, control, communications and intelligence systems. The Support and Services offers service and support to the Saabâs clients. Among others, the Company operates through Thyssen Krupp Marine Systems AB and Nordic Defence Industries, a producer of mine disposal charge systems.
SAAB AB 
