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Alvis Wins Swedish Modular Vehicle Work (Sept. 9)

FMV (the Swedish Defence Materiel Administration) has awarded Alvis Hägglunds a contract for further work on SEP. SEP is the abbreviation of Splitterskyddad EnhetsPlatform, a Swedish project for a modular vehicle system for the Swedish Armed Forces.

The contract comprises engineering studies as well as the manufacture and delivery of hardware items such as test rig systems and a new generation tracked SEP prototype. The scope of the contract covers specific areas identified in earlier stages of the project, such as system engineering, survivability, man-machine interaction, drive system and role studies.

Alvis Hägglunds is keen to involve other expert companies in the SEP project and is holding talks to settle teaming arrangements.

The output of the contract will place the SEP project in a good position to enter the development phase in 2005. The contract value is £8.9m (119 MSEK) and the work will be performed during 2003-2005, with the testing of the tracked prototype commencing towards the end of 2004.

Mr Sven Kågevall, President of Alvis Hägglunds, said: “We are delighted to receive this new contract which demonstrates the confidence the Swedish authorities have in our capability and experience. This shows that Alvis Hägglunds is the right partner to meet the high technology needs of the future.”

Alvis Hägglunds AB is wholly owned by Alvis plc. The Alvis Hägglunds Group comprises Alvis Hägglunds AB in Örnsköldsvik, Sweden, Alvis Moelv AS in Norway and a 50% share in HB Utveckling AB in Stockholm and Patria Hägglunds OY, Finland. The Alvis Hägglunds Group employs around 1000 personnel and in 2002 had a turnover of 1.6 billion Swedish Kronor.

Alvis plc is listed on the London Stock Exchange and is one of the leading companies in the world in the design, development and production of armoured fighting vehicles and military land systems. The Alvis Group employs 2800 personnel and its turnover in 2002 was £225 million.

Other businesses in the Alvis Group include Alvis Vickers and Alvis Bridging in the UK, Alvis OMC and Alvis Gear Ratio in South Africa.

Alvis Hägglunds Awarded Contract for Further SEP Work