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BAE SYSTEMS PLC 10 December 2004 10 December 2004 MAJOR ORDER FOR LAND SYSTEMS HAGGLUNDS BAE Systems Land Systems Hagglunds has won a 749 million euro (approx £500m) order from the Netherlands for its CV90 armoured vehicle. This is the first major contract win for Land Systems, created in September this year. The Netherlands Army and Land Systems Hagglunds will sign a contract for the delivery of 184 infantry fighting vehicles on 13 December. Deliveries will be made during the years 2007 to 2010. Land Systems Hagglunds' CV9035 was selected for the Dutch infantry fighting vehicle programme after an extensive competitive evaluation. State secretary for Defence Cees van der Knaap stated in a letter to the Dutch parliament on 29 October: 'The outcome of the evaluation is that the CV90 fulfils the requirements, has the lowest risk, the lowest price and the fastest delivery time.' The Dutch Ministry of Economic Affairs also had a preference for CV90, based on strong involvement of Dutch industry and the high levels of firm commitments Sweden, Norway, Switzerland and Finland have all selected the CV90 and the new Dutch contract brings the total ordered to 1125. 'The large fleet gives existing and new customers considerable advantages such as a broader base for cost-sharing of future upgrades and spare parts and international interoperability. Already today the CV90 is used internationally by Sweden and Norway,' said Land Systems Hagglunds managing director Sven Kagevall. The CV9035 is a further development of the CV90 IFV. It features enhanced firepower, survivability, mobility, ergonomics and advanced electronic architecture with implemented C4I systems. The main armament is a Bushmaster III 35/50 cannon with a computerised fire control system, incorporating ammunition programmer. The commander has a rotating cupola for maximum visibility and both the commander and gunner have fully stabilised day and night sights with third-generation thermal cameras. The vehicle will be delivered in two configurations, infantry fighting vehicle and command vehicle. Both have three-man crews. The IFV can carry a squad of seven and the command version has a staff group of four. Sven Kagevall added: 'It is most encouraging that we have been given the confidence to carry through such an important contract after substantial competition. It strengthens the CV90 position as the infantry fighting vehicle for Europe and Land Systems Hagglunds' position in future procurement programmes.' Issued by BAE Systems plc London This information is provided by RNS The company news service from the London Stock Exchange

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