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Saab to Upgrade Radar on Canadian Frigates

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Sweden's Saab Monday said it signed a contract worth about $24 million with Lockheed Martin [LMT] Canada, to upgrade the 2D radar, Sea Giraffe 150 HC for the modernization of the Canadian navy's Halifax-class frigates. "We are very pleased that Lockheed Martin Canada and the Canadian navy have selected Saab's radar for this modernization program," Lennart Joelsson, business unit manager at Saab Microwave Systems, said in a statement. Deliveries are planned for 2010-2017. Saab has been a radar provider to…

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