Bofors Defence develop
the next generation artillery

Bofors Defence has received a contract from the Swedish Defence Material Administration to complete a feasibility study of the self-propelled, 155-mm howitzer, FH 77B.

The 200 million SEK (approximately $ 25 million) contract includes ammunition and two prototypes of the self-propelled howitzer, which are scheduled to be delivered to the army by in 2005.

– This is of great strategic importance for Bofors Defence and a major step towards the next generation of Swedish artillery, said Hans Pettersson, Project Manager.

– This contract strengthens our position with the Swedish Army as a potential provider of intelligent ammunition for future missions.

Forward-Looking Statements:
Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward-looking statements involve risks and uncertainties.

All forward-looking statements included in this release are based upon information available to United Defense Industries, Inc., as of the date of the release, and we assume no obligation to update any such forward-looking statements.

The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences.

Please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2002 as well as its Quarterly Report on Form 10-Q for the quarter ended Sept. 30, 2003, and in our other reports filed from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with our business.

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2005-06-27
BAE Systems completes acquisition of United Defense

2005-02-09
Sweden and France takes Bonus into service

2005-02-08
Bofors Defence receives contract for two additional 57-mm naval guns from Finland

2005-01-31
Unique certification

2004-12-13
United Defense to be Prime Contractor for U.S. BONUS Munitions Programs

2004-12-01
Bofors Defence 57-mm Naval Gun System Selected by Lockheed Martin for Littoral Combat Ship

2004-11-11
Bofors Defence and Raytheon Successfully Conduct World's First GPS Guided 155mm Artillery Shell Flight Test

2004-10-25
57-mm Naval Gun Selected for Use
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2004-06-28
BONUS Mk II

2004-05-14
Bofors Defence
sees Malaysia as
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2004-01-13
Bofors Defence
develop the next
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2004-01-13
57-mm Mk 3 in series
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2003-10-01
Bofors Defence
Awarded Contract to Provide 57-mm
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U.S.Coast Guard

2003-09-02
Bofors Defence
Awarded Excalibur Contract

2003-05-15
Bofors Defence wins prestigious prize

2003-04-28
Mexico Accepts
57-mm Mk 3 Naval
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