- Sales decreased 1% to MSEK 16,151, but operating margin increased to 14.1% from 4.4% due to capital gains. - Important orders secured in Q3 including upgrades to naval sonar systems and components for weapon systems. - Outlook for 2011 revised with sales expected to decline slightly and operating margin to increase compared to 2010.

1. INTERIM REPORT
JANUARY – SEPTEMBER 2011
PRESIDENT AND CEO HÅKAN BUSKHE, CFO LARS GRANLÖF
19 OCTOBER, 2011
INTERIM REPORT, PRESS AND ANALYST MEETING

2. SUMMARY JAN – SEPT 2011
Important orders secured in Q3
• Upgrade of naval sonar system
• Components to the Carl-Gustaf weapon system
• System maintenance and development studies regarding
Gripen
Sales decreased 1 percent, MSEK 16,151
(16,381)
Operating margin at 14.1 percent (4.4)
Operating cash flow, MSEK 2,260 (2,149)
Net cash position at MSEK 5,081
Divestment of shares in the 3D mapping company
C3 Technologies AB, capital gain of MSEK 916
Acquisition of Saab Sensis finalized
PAGE 2

3. CHALLENGING MARKET CONDITIONS
European and the U.S. state budgets being scrutinized
Demanding market situation with increased competitive pressure
Delays in customers decision making processes evident
Civil security market continues to grow and commercial air market recovering
PAGE 3

4. ORDERS RECEIVED
Book-to-bill ratio
(12 months rolling)
1,2 11,900
Large orders
Small orders
1
Book-to-Bill ratio
0,8
72%
MSEK
7,047
0,6
5,478
5,038 5,215 5,431
0,4 4,101 3,995 3,862
3,285 58%
57% 57% 18% 58% 46% 3,147
29% 23%
51%
0,2 40%
49% 71% 77% 42% 43% 43% 82% 28% 42% 54% 60%
0
Q1 2009 Q2 2009 Q3 2009 Q4 2009 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011
PAGE 4

5. STRENGTH FOR MARKET
EXPANSION
Strategic priorities
Inauguration of offices in the UK In total cash positive M&A
and India activities in 2011
Research centre in Brazil and Strong net cash position
India Readiness plan for short-term
Acquisition of Sensis Corporation unstable and demanding markets
in the U.S. completed Performance prerequisite for
Acquisition of E-COM growth
Divestment of shares in
C3 Technologies AB
PAGE 5

6. SAAB SENSIS
Stronger market presence - globally as well as in
the U.S.
Center of excellence for Air Traffic Management
Solutions
• Airline traffic volume growth and resulting congestion
• Desire to meet future safety, capacity and environmental needs
Structural measures to enhance our competitive
position
• Reductions announced in October
PAGE 6

7. HIGHLIGHTS JAN – SEPTEMBER 2011
AERONAUTICS DYNAMICS ELECTRONIC SECURITY AND SUPPORT
DEFENCE DEFENCE AND
SYSTEMS SOLUTIONS SERVICES
System Further deliveries First order worth Upgrade of a Call-off contract for
maintenance and of the Carl-Gustaf MSEK 43 and naval sonar technical services
development man-portable frame agreement system (SE) for Norrlandsflyg’s
studies regarding weapon system with Cassidian for Five year frame helicopter fleet
Gripen (SE) RBS 70 NG – the the new advanced contract with the (SE)
Test pilots at latest air defence UAV system U.S. Army Frame agreement
Empire Test Pilots’ system. New Talarion Contracting with Eurocopter for
School continues sighting system Contracts for Command (U.S.) support of their
co-operation with with improved supply of the multi- NH90 helicopters
Sweden and Saab precision and role naval (EU)
using the Gripen increased all-target surveillance radar
fighter aircraft (UK) capability (SE) Sea Giraffe AMB
(U.S.)
PAGE 7

8. SALES PER MARKET SEGMENTS
MSEK
5%
7,284
6,924
-5%
4,982
4,749
Jan-September 2011
9%
Jan-September 2010
1,736
1,597 -23%
-12%
-17%
977 1,078
952 823
750 680
Air Land Naval Civil Security Comm. Aer. Others
PAGE 8

9. SALES PER MARKET REGION
MSEK 6,104 6,110
-
2% 30%
Jan-September 2011
3,300 3,236 3,296
Jan-September 2010
2,541
-31%
-22% 1,830
1,519
1,255 -8%
1,186
-9%
733- 796
214 264
63 85
SE EU excl SE RoE North Latin Asia Africa Austr., etc
America America
As a % of total sales
38 20 1 7 1 20 8 5
PAGE 9

10. CHANGED OUTLOOK 2011
In 2011, we estimate that sales will decline
slightly compared to 2010, including the
acquisition of Sensis
The operating margin, excluding material
net capital gains, is expected to increase
slightly in 2011 compared to the adjusted
operating margin 2010 of 6.5 per cent,
including the acquisition of Sensis
Previous outlook:
In 2011, we estimate that sales will decline slightly compared to 2010.
The operating margin, excluding material net capital gains, is expected
to increase slightly in 2011 compared to the adjusted operating margin
2010 of 6.5 per cent.
PAGE 10

11. JANUARY - SEPTEMBER 2011
FINANCIALS
LARS GRANLÖF, CFO
19 OCTOBER, 2011
FINANCIALS, JANUARY - SEPTEMBER 2011

12. ORDER BOOKINGS AND
ORDER BACKLOG
Order Order Order
bookings bookings backlog
Jan-Sept Jan-Sept 30 Sept
MSEK 2011 2010 2011
Aeronautics 2,750 4,522 13,775
Dynamics 3,070 2,698 5,854
Electronic Defence Systems 2,675 2,134 7,801
Security and Defence Solutions 3,201 2,828 8,104
Support and Services 2,443 2,409 4,675
Corporate/Internal -346 -213 -798
Saab Group 13,793 14,378 39,411
PAGE 12

13. ORDER BACKLOG
Order backlog duration
(SEK billion):
NLAW
Sept 2011 Sept 2010 Dec. 2010
2011: 6.1 2010: 6.8 2011: 16.8 Airborne
surveillance
Aero-
structures
system
2012: 15.3 2011: 14.1 2012: 10.4
2013: 7.2 2012: 6.1 2013: 6.3
2014: 4.6 2013: 3.6 2014: 3.7 RBS70 ANZAC
After 2014: 6.2 After 2013: 6.9 After 2014: 4.3
AT4/ Civil
Carl- security
Total: 39.4 Total: 37.5 Total: 41.5 Gustaf solutions
PAGE 13

14. SALES
Jan-Sept Jan-Sept
MSEK 2011 2010 Change
Aeronautics 4,611 4,679 -1%
Dynamics 2,770 3,176 -13%
Electronic Defence Systems 3,108 3,004 3%
Security and Defence Solutions 3,885 4,009 -3%
Support and Services 2,474 2,333 6%
Corporate/Internal -697 -820
Saab Group 16,151 16,381 -1%
PAGE 14

15. OPERATING INCOME, EBIT
Jan-Sept Jan-Sept
MSEK 2011 margin 2010 margin
Aeronautics 258 5.6% 128 2.7%
Dynamics 272 9.8% 290 9.1%
Electronic Defence Systems 259 8.3% 157 5.2%
Security and Defence Solutions 247 6.4% -72 -1.8%
Support and Services 261 10.5% 244 10.5%
Corporate 985 -23
Saab Group 2,282 14.1% 724 4.4%
Net capital gain/losses 1,169 -10
PAGE 15

16. INCOME STATEMENT
Jan-Sept Jan-Sept Jul-Sept Jul-Sept
MSEK 2011 2010 2011 2010
Sales 16,151 16,381 4,838 5,004
Cost of goods sold -11,700 -12,430 -3,427 -3,765
Gross income 4,451 3,951 1,411 1,239
Gross margin 27.6% 24.1% 29.2% 24.8%
Other operating income 1,304 121 958 40
Marketing expenses -1,260 -1,247 -432 -379
Administrative expenses -843 -804 -243 -217
Research and development costs -1,307 -1,241 -445 -390
Other operating expenses -50 -69 -28 7
Share of income in
associated companies -13 13 -4 22
Operating income 2,282 724 1,217 322
Operating margin 14.1% 4.4% 25.2% 6.4%
Share of income in
associated companies 2 24 1 -
Financial net -123 -164 11 -48
Income before taxes 2,161 584 1,229 274
Taxes -363 -150 -126 -89
Net income 1,798 434 1,103 188
Earnings per share after dilution, SEK 16.60 3.89 10.15 1.64
Tax rate 17% 26% 10% 31%
PAGE 16

17. RESEARCH AND DEVELOPMENT
MSEK ~3 percentage
points Amortisation and write-down of
capitalised development costs
686 664 Self funded R&D expenditures (not
including capitalised costs)
728*
446
515 485 509
291
1,127 1,156
804 861
738 761 732
503
2007 2008* 2009 2010* Q3 2008 Q3 2009 Q3 2010* Q3 2011
* Amortisation and write-down of capitalised development costs included write-downs of MSEK 250 in 2008 and MSEK 20 in the first nine months 2010
PAGE 17

18. STATEMENT OF FINANCIAL POSITION
30 Sept 31 Dec Change
MSEK 2011 2010
Assets
Fixed assets 13,155 12,464 691
Current assets 18,597 16,814 1,783
Total assets 31,752 29,278 2,474
Shareholders’ equity and liabilities
Shareholders’ equity 12,620 11,444 1,176
Long-term liabilities 4,355 4,426 -71
Short-term liabilities 14,777 13,408 1,369
Total liabilities 19,132 17,834 1,298
Total shareholders’ equity & liabilities 31,752 29,278 2,474
Equity/assets ratio 39.7% 39.1%
Total net liquidity 5,081 3,291 1,790
PAGE 18

19. SUMMARISED CASH FLOW
JANUARY-SEPTEMBER
Actual Actual
MSEK Saab SAL/M&A 2011 2010
Cash flow from operations 1,544 102 1,648 1,674
Inventories -113 - -113 -284
Receivables -323 -9 -332 1,523
Advances 433 - 433 -4
Liabilities 1,048 -141 907 -384
Provisions -319 -4 -323 -335
Change in working capital 726 -154 572 516
Intangible assets -25 - -25 -63
Tangible assets -180 - -180 -154
Lease assets - 85 85 59
Acquisitions - -1,121 -1,121 -
Divestments - 1,274 1,274 133
Acq/sales of financial assets 9 - 9 -16
Cash flow from investments -196 238 42 -41
Operating cash flow 2,074 186 2,260 2,149
PAGE 19

20. APPENDIX

21. AERONAUTICS – HIGHLIGHTS
26%
Sales, % of total 86%
Split
Defence/Civil
23% % of sales
44%
70% Markets outside
Sweden
Sales Order bookings Backlog
Jan-Sept Jan-Sept
Jan-Sept Jan-Sept Jan-Dec
Jan-Dec
MSEK
MSEK 2011
2011 2010
2010 % 2010
% 2010
Order bookings
Order bookings 2,750
2,750 4,522
4,522 -39
-39
6,901
6,901
Split between larger orders
Split between larger orders
> MSEK 100 and smaller orders 78/22 85/15 - 89/11
> MSEK 100 and smaller orders 78/22 85/15 - 89/11
Order backlog
Order backlog 13,775
13,775 15,319
15,319 -10
-10
15,636
15,636
Sales
Sales 4,611
4,611 4,679
4,679 -1 6,741
-1 6,741
Operating income
Operating income 258
258 128
128 102 191
102 191
Operating margin, % 5.6 2.7 2.8
Operating margin, % 5.6 2.7 2.8
Operating cash flow 761 306 - 30
Operating cash flow 761 306 - 30
Number of employees 2,748 2,908 -6 2,874
Number of employees 2,748 2,908 -6 2,874
PAGE 21

22. DYNAMICS - HIGHLIGHTS
Split
16% Defence/Civil
% of sales 90%
Jan-Sep Jan-Sep Jan-Dec
Jan-Sep Jan-Sep Jan-Dec
MSEK 2011
MSEK 2011 2010
2010 %
%
2010
2010
Order bookings 3,070 2,698 14 3,312
Sales, % of total Order bookings 3,070 2,698 14 3,312
Split between larger orders 62/38 63/37 - 61/39
Split between larger orders 62/38 63/37 - 61/39
> MSEK 100 and smaller orders
> MSEK 100 and smaller orders
Order backlog 5,854 6,497 -10 5,546
Order backlog 5,854 6,497 -10 5,546
Sales 2,770 3,176 -13 4,741
79% 91% Sales 2,770 3,176 -13 4,741
86% Operating income 272 290 -6 322
Operating income 272 290 -6 322
Operating margin, % 9.8 9.1 6.8
Operating margin, % 9.8 9.1 6.8
Sales Order bookings Backlog Operating cash flow
Operating cash flow 598
598 595
595 1
1
1,044
1,044
Number of employees 1,480
Number of employees 1,480 1,516
1,516 -2 1,483
1,483
Markets outside -2
Sweden
PAGE 22

23. ELECTRONIC DEFENCE SYSTEMS -
HIGHLIGHTS Split
18% Defence/Civil
% of sales 99%
Jan-Sep Jan-Sep Jan-Dec
Jan-Sep Jan-Sep Jan-Dec
MSEK 2011
2011 2010
% 2010
MSEK 2010 % 2010
Order bookings 2,675 2,134 25 5,494
Order bookings 2,675 2,134 25 5,494
Sales, % of total Split between larger orders 41/59 15/85 - 58/42
Split between larger orders 41/59 15/85 - 58/42
> MSEK 100 and smaller orders
> MSEK 100 and smaller orders
Order backlog 7,801 6,197 26 8,240
Order backlog 7,801 6,197 26 8,240
Sales 3,108 3,004 3 4,354
75% 77% 85% Sales 3,108 3,004 3 4,354
Operating income 259 157 65 99
Operating income 259 157 65 99
Operating margin, % 8.3 5.2 2.3
Operating margin, % 8.3 5.2 2.3
Operating cash flow
Operating cash flow 642
642 432
432 49
49
594
594
Sales Order bookings Backlog Number of employees 2,601
Number of employees 2,601 2,496
2,496 4
4
2,453
2,453
Markets outside
Sweden
PAGE 23

24. SECURITY AND DEFENCE
SOLUTIONS - HIGHLIGHTS
22% Jan-Sep Jan-Sep Jan-Dec
Jan-Sep Jan-Sep Jan-Dec
MSEK 2011
2011 2010 % 2010
73% MSEK 2010 % 2010
Order bookings 3,201 2,828 13 6,647
Order bookings 3,201 2,828 13 6,647
Split between larger orders 32/68 16/84 - 40/60
Split between larger orders 32/68 16/84 - 40/60
Split Defence / Civil > MSEK 100 and smaller orders
> MSEK 100 and smaller orders
Sales, % of total % of sales Order backlog 8,104 6,728 20 8,434
Order backlog 8,104 6,728 20 8,434
Sales
Sales 3,885
3,885 4,009
4,009 -3
-3
6,210
6,210
63% 79% Operating income
Operating income 247
247 -72
-72 - 137
137
78% -
Operating margin, % 6.4 -1.8 2.2
Operating margin, % 6.4 -1.8 2.2
Operating cash flow -316 682 - 1,066
Operating cash flow -316 682 - 1,066
Number of employees 3,024 2,529 20 2,525
Number of employees 3,024 2,529 20 2,525
Sales Order bookings Backlog
Markets outside Sweden
PAGE 24

25. SUPPORT AND SERVICES - HIGHLIGHTS
14%
Jan-Sep Jan-Sep Jan-Dec
Jan-Sep Jan-Sep Jan-Dec
MSEK 2011
2011 2010 % 2010
80% MSEK 2010 % 2010
Order bookings 2,443 2,409 1 4,124
Order bookings 2,443 2,409 1 4,124
Split between larger orders 24/76 15/85 - 32/68
Split between larger orders 24/76 15/85 - 32/68
Split Defence / Civil > MSEK 100 and smaller orders
> MSEK 100 and smaller orders
Sales, % of total % of sales Order backlog 4,675 4,092 14 4,743
Order backlog 4,675 4,092 14 4,743
Sales 2,474 2,333 6 3,403
Sales 2,474 2,333 6 3,403
22% 17% Operating income 261 244 7 351
43% Operating income 261 244 7 351
Operating margin, % 10.5 10.5 10.3
Operating margin, % 10.5 10.5 10.3
Operating cash flow
Operating cash flow 473
473 523
523 -10
-10
894
894
Number of employees 1,710
Number of employees 1,710 1,731
1,731 -1 1,721
-1 1,721
Sales Order bookings Backlog
Markets outside Sweden
PAGE 25

26. SALES PER MARKET
Sales split per market
January - September 2011
Sales
7,284 4%
6,924 6%
MSEK
5%
11%
45%
4,982
4,749
29%
Air
Land
Naval
Civil Security
Commercial Aeronautics
1,736 Others
1,597
977 1,078
952 823
750 680
Jan-Sept 2011
Jan-Sept 2010
Air Land Naval Civil Security Comm. Aer. Others
PAGE 26

27. OPERATING INCOME, EBIT/EBITDA
Jan-Sept Jan-Sept
MSEK 2011 Margin 2010 Margin
Aeronautics EBIT 258 5.6% 128 2.7%
EBITDA 445 9.7% 312 6.7%
Dynamics EBIT 272 9.8% 290 9.1%
EBITDA 395 14.3% 407 12.8%
Electronic Defence Systems EBIT 259 8.3% 157 5.2%
EBITDA 627 20.2% 547 18.2%
Security & Defence Solutions EBIT 247 6.4% -72 -1.8%
EBITDA 319 8.2% 20 0.5%
Support & Services EBIT 261 10.5% 244 10.5%
EBITDA 275 11.1% 256 11.0%
Corporate EBIT 985 -23
EBITDA 1,062 72
Saab Group EBIT 2,282 14.1% 724 4.4%
EBITDA 3,123 19.3% 1,614 9.9%
PAGE 27

28. COMPREHENSIVE INCOME
Jan-Sept Jan-Sept
MSEK 2011 2010
Net income for the period 1,798 434
Other comprehensive income:
Translation differences for the period -102 -61
Net gain/losses on cash flow hedges -229 785
Share of other comprehensive income in associated companies -26 10
Tax attributable to other comprehensive income 62 -207
Other comprehensive income for the period -295 527
Net comprehensive income for the period 1,503 961
PAGE 28

29. OPERATING CASH FLOW VS
STATEMENT OF CASH FLOW
Jan-Sept Jan-Sept
MSEK 2011 2010
Operating cash flow 2,260 2,149
Cash flow from financing:
Repayments of loans -126 -1,923
Dividend paid -367 -237
Repurchase of shares - -80
Cash flow from investments –
interest bearing:
Short-term investments -2,569 15
Other financial investments 394 55
Statement of Cash flow -408 -21
PAGE 29

30. STATEMENT OF FINANCIAL POSITION
30 Sept 31 Dec
MSEK 2011 2010 Change
Assets
Intangible fixed assets 6,899 6,413 486
Tangible fixed assets 3,245 3,052 193
Lease assets 1,017 1,154 -137
Biological assets 302 299 3
Investment properties 227 236 -9
Shares in associated companies 308 251 57
Financial investments 191 203 -12
Long-term receivables 941 856 85
Deferred tax assets 25 - 25
Total fixed assets 13,155 12,464 691
Inventories 4,207 4,100 107
Derivatives 470 1,105 -635
Tax receivables 30 46 -16
Accounts receivable 3,565 3,052 513
Prepaid expenses and accrued income 765 680 85
Other receivables 3,333 3,630 -297
Liquid assets and short-term investments 6,227 4,088 2,139
Total current assets 18,597 16,701 1,896
Assets held for sale - 113 -113
Total assets 31,752 29,278 2,474
PAGE 30

31. STATEMENT OF FINANCIAL POSITION
30 Sept 31 Dec
MSEK 2011 2010 Change
Shareholders’ equity and liabilities
Parent Company´s shareholders’ interest 12,508 11,274 1,234
Non-controlling interest 112 170 -58
Total shareholders´ equity 12,620 11,444 1,176
Long-term interest-bearing liabilities 1,218 1,117 101
Other liabilities 189 294 -105
Provision for pensions 4 5 -1
Other provisions 1,985 2,207 -222
Deferred tax liabilities 959 803 156
Total long-term liabilities 4,355 4,426 -71
Short-term interest-bearing liabilities 446 589 -143
Advance payments from customers 1,048 643 405
Accounts payable 1,435 1,799 -364
Derivatives 750 750 -
Tax liabilities 248 265 -17
Other liabilities 1,952 819 1,133
Accrued expenses and deferred income 8,155 7,751 404
Provisions 743 792 -49
Total current liabilities 14,777 13,408 1,369
Liabilities related to assets held for sale - - -
Total shareholders’ equity and liabilities 31,752 29,278 2,474
Equity/assets ratio,% 39.7 39.1
PAGE 31

32. STATEMENT OF FINANCIAL POSITION,
SEPTEMBER 30, 2011 SUBDIVIDED
Saab Aircraft Elimi- Saab
MSEK Saab Leasing nations Group
Intangible assets 6,899 - - 6,899
Tangible assets 3,774 - - 3,774
Lease assets 2 1,015 - 1,017
Long-term interest-bearing receivables 254 - - 254
Shares, etc 1,854 1 -1,500 355
Other long-term receivables 818 13 - 831
Deferred tax assets 151 265 -391 25
Inventories 4,191 16 - 4,207
Short-term interest-bearing receivables 268 1,588 -1,588 268
Other current assets 7,399 26 - 7,425
Derivatives 470 - - 470
Liquid assets and short-term investments 6,207 20 - 6,227
Assets held for sale - - - -
Total assets 32,287 2,944 -3,479 31,752
Shareholders’ equity 12,681 1,439 -1,500 12,620
Provisions for pensions 4 - - 4
Other provisions 1,869 859 - 2,728
Deferred tax liabilities 1,350 - -391 959
Interest-bearing liabilities 3,252 - -1,588 1,664
Advance payments from customers 1,048 - - 1,048
Derivatives 750 - - 750
Other liabilities 11,333 646 - 11,979
Total shareholders’ equity & liabilities 32,287 2,944 -3,479 31,752
PAGE 32

33. CHANGES IN SHAREHOLDERS EQUITY
Capital Other Net res. Translation Revaluation Retained Total excl.
stock capital on cash f. reserve reserve earnings non-.
contr. hedges controlling intr.
Opening balance, 1 January, 2011 1,746 543 648 -12 51 8,298 11,274
Net comprehensive income for the period -168 -83 1,812 1,561
Transactions with shareholders:
Dividend -367 -367
Repurchase of shares -
Share matching plan 39 39
Acquisition and sale of non-controlling interest 1 1
Closing balance, 30 September, 2011 1,746 543 480 -95 51 9,783 12,508
PAGE 33

34. NET LIQUIDITY / NET DEBT
30 Sept 31 Dec
MSEK 2011 2010
Assets
Short-term investments 4,113 1,544
Liquid assets 2,114 2,544
Interest-bearing receivables 522 914
Total liquid investments 6,749 5,002
Liabilities
Long-term interest-bearing liabilities -1,218 -1,117
Short-term interest-bearing liabilities -446 -589
Provisions for pensions -4 -5
Total interest-bearing liabilities -1,668 -1,711
Total net liquidity 5,081 3,291
PAGE 34

35. LIQUIDITY
MSEK 2011 2010
Liquid assets at the beginning of the year 2,544 1,463
Operating cash flow 2,260 2,149
Short-term investments -2,569 15
Repayments of loans -126 -1,923
Repurchase of shares - -80
Dividend to shareholders -367 -237
Other changes, translation differencies etc 372 36
Liquid assets September 30 2,114 1,423
PAGE 35

36. APPENDIX
NUMBER OF EMPLOYEES
Sept 30 Dec 31
Number 2011 2010 Change
Aeronautics 2,748 2,874 -126
Dynamics 1,480 1,483 -3
Electronic Defence Systems 2,601 2,453 148
Security & Defence Solutions 3,024 2,525 499
Support & Services 1,710 1,721 -11
Corporate 1,477 1,480 -3
Saab Group 13,040 12,536 504
PAGE 36

37. Quarterly information
2011 and 2010
July-Sept Apr-June Jan-Mar Oct-Dec
Sales 2011 2011 2011 2010
Aeronautics 1,268 1,835 1,508 2,062
Dynamics 724 1,084 962 1,565
Electronic Defence Systems 979 1,094 1,035 1,350
Security and Defence Solutions 1,310 1,272 1,303 2,201
Support and Services 786 781 907 1,070
Corporate 200 261 243 313
Internal sales -429 -466 -506 -508
Total 4,838 5,861 5,452 8,053
Operating income
Aeronautics 22 1.7% 157 8.6% 79 5.2% 63 3.1%
Dynamics 60 8.3% 123 11.3% 89 9.3% 32 2.0%
Electronic Defence Systems 42 4.3% 181 16.5% 36 3.5% -58 -4.3%
Security and Defence Solutions 109 8.3% 67 5.3% 71 5.4% 209 9.5%
Support and Services 79 10.1% 107 13.7% 75 8.3% 107 10.0%
Corporate 905 62 18 -102
Total 1,217 25.2% 697 11.9% 368 6.7% 251 3.1%
PAGE 37

38. Quarterly information
2010 and Oct – Dec 2009
July-Sept Apr-June Jan-Mar Oct-Dec
Sales 2010 2010 2010 2009
Aeronautics 1,278 1,698 1,703 2,133
Dynamics 1,023 1,167 986 1,481
Electronic Defence Systems 905 1,159 940 1,403
Security and Defence Solutions 1,382 1,427 1,200 2,240
Support and Services 756 834 743 1,032
Corporate 224 233 219 249
Internal sales -564 -525 -407 -770
Total 5,004 5,993 5,384 7,768
Operating income
Aeronautics 57 4.5% 18 1.1% 53 3.1% 73 3.4%
Dynamics 31 3.0% 174 14.9% 85 8.6% 17 1.1%
Electronic Defence Systems 6 0.7% 114 9.8% 37 3.9% -69 -4.9%
Security and Defence Solutions 130 9.4% -106 -7.4% -96 -8.0% 121 5.4%
Support and Services 69 9.1% 119 14.3% 56 7.5% 148 14.3%
Corporate 29 -43 -9 213
Total 322 6.4% 276 4.6% 126 2.3% 503 6.5%
PAGE 38