(IN BRIEF) Saab, a leading defence and security company, commenced 2024 with significant achievements, including a 9% increase in order bookings, reaching SEK 18,495m. Sales saw a robust growth, amounting to SEK 14,185m, with an organic sales increase of 24%. … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024, Saab
(IN BRIEF) Saab has successfully delivered the fourth GlobalEye Airborne Early Warning and Control (AEW&C) aircraft to the United Arab Emirates (UAE) on April 18, 2024. This milestone marks the rapid delivery pace of these advanced AEW&C platforms, with four … Read the full press release
(IN BRIEF) Saab’s CEO Micael Johansson and CFO Christian Luiga are set to present the company’s interim report for January-March 2024 on April 26th at 10:00 a.m. CET. The report will be published at 07:30 a.m. CET on the same … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Christian Luiga, Financial, investment, Micael Johansson, Q1 2024 Interim Report, Saab
(IN BRIEF) Saab announces the addition of a new group function focused on digital development to expedite its digitalization journey. Mikael Adelsberg, with extensive experience from Scania and Traton Group, is appointed as the Head of Group Digitalisation and will … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, News, Security & Safety, Sweden, Technology
Tagged appointment, Chief Digital Officer, digitalization, leadership, Micael Johansson, Mikael Adelsberg, Saab
(IN BRIEF) Saab has clinched an initial three-year contract, valued at £60 million, with the UK Ministry of Defence (MoD) to provide support for Live Simulation systems featuring Instrumented Live Training (ILT-D). Replacing the previous Direct Fire Weapon Effect Simulator … Read the full press release
(IN BRIEF) The German defense procurement office has chosen Saab’s Arexis sensor suite to equip the Eurofighter EK, an electronic warfare variant of the German Air Force’s Eurofighter aircraft. The contract, initiated in June 2023, marks the beginning of Saab’s … Read the full press release
Posted in Artificial Intelligence (AI), Aviation & Aerospace, Business, Defence, Financial, France, Germany, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Air Force, Airbus, Arexis Electronic Warfare (EW), Eurofighter EK, Eurofighter EW, France, Germany, Helsing, Micael Johansson, partnership, Saab, Sensor Suite
(IN BRIEF) Saab has secured a contract with the Swedish Defence Materiel Administration (FMV) to deliver four additional Gripen C fighter aircraft to Hungary. This follows an amendment to an existing agreement dating back to 2001. With this order, Hungary’s … Read the full press release
(IN BRIEF) Saab and Thales have announced a partnership at the Singapore Airshow 2024 to modernize Singapore’s Air Traffic Management (ATM) infrastructure. They plan to integrate Saab’s Integrated Digital Tower Suite (I-DTS) with Thales’ OpenSky platform to establish a unified … Read the full press release
Posted in Aviation & Aerospace, France, Industrial, Infrastructure & Utilities, Management, Security & Safety, Technology
Tagged Air Traffic Control systems, air traffic management, airport systems, ATM infrastructure, Christian Rivierre, Per Ahl, Philippe Bernard-Flattot, Saab, Saab I-DTS, Singapore Airshow 2024, Thales, Thales TopSky
(IN BRIEF) Saab releases its year-end report for 2023, showcasing significant growth and positive performance indicators. President and CEO Micael Johansson highlights the company’s successful navigation through a changing market reality, with notable increases in orders, sales, and investments in … Read the full press release
Posted in Business, Defence, Economy, Financial, Government, Industrial, Investment, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Financial, investment, Micael Johansson, Saab, Strategy Execution Update, Year-End Report
(IN BRIEF) Sweden and France have signed a strategic partnership agreement aimed at bolstering their defense collaboration, focusing on anti-tank and air defense capabilities. As part of this initiative, Saab and MBDA, the CEOs of which are Micael Johansson and … Read the full press release
Posted in Business, Defence, Financial, France, Government, Industrial, Investment, Management, News, Security & Safety, Sweden
Tagged Defense, Emmanuel Macron, Eric Béranger, France, MBDA, Micael Johansson, partnership, Saab, Sweden
(IN BRIEF) Saab has been awarded a contract worth USD 101.7 million by Boeing to manufacture T-7A aft fuselage systems. These systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana. The contract follows the successful delivery … Read the full press release
(IN BRIEF) Saab has signed a contract with the United Arab Emirates (UAE) Ministry of Defence for the in-service support of the GlobalEye Airborne Early Warning and Control (AEW&C) system. The contract, worth approximately USD 190 million, covers maintenance, logistics … Read the full press release
(IN BRIEF) Saab’s Chief Test Pilot, Marcus Wandt, embarked on a historic journey from the Kennedy Space Center to the International Space Station (ISS) as part of a project co-financed by Saab to bolster Sweden’s role in space research and … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Industrial, Management, News, Sweden, Technology
Tagged appointment, Chief Test Pilot, Historic Space Journey, ISS, leadership, Marcus Wandt, Micael Johansson, Saab, Swedish Space Research
(IN BRIEF) Saab has been awarded a contract worth approximately SEK 300 million from the Swedish Defence Materiel Administration (FMV) for its Mobile Short Range Air Defence (MSHORAD) solution. The contract, spanning 2024 to 2026, will see the deployment of … Read the full press release
(IN BRIEF) The U.S. Navy is purchasing Saab’s Double Eagle family of undersea vehicles, known for their safety and operational reliability, as part of a Foreign Military Sales (FMS) program for the State of Kuwait’s Naval Force. This advanced system, … Read the full press release
Posted in Automotive, Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden
Tagged Double Eagle Undersea Vehicles, Erik Smith, Killian Swift, Kuwait's Naval Force, partnership, Saab, SAROV, U.S. Navy
(IN BRIEF) Saab has announced the receipt of a significant defense systems and equipment order from an undisclosed Western government. The order, valued at approximately SEK 4.3 billion, encompasses various systems and equipment offered by Saab’s Dynamics and Surveillance business … Read the full press release
Posted in Business, Defence, Financial, Government, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology
Tagged Defense Systems, Micael Johansson, partnership, Saab, Unnamed Western Country
(IN BRIEF) On November 11th, the Ymir-1 satellite, equipped with technology from Saab, was successfully launched aboard SpaceX Falcon 9, ushering in a transformative era in maritime communication. Ymir-1 serves as a test satellite and a crucial component in the … Read the full press release
(IN BRIEF) Saab is participating in Defense & Security 2023, a prominent defense exhibition held at the IMPACT Exhibition Center in Bangkok, Thailand, from November 6 to 9. Visitors can explore Saab’s range of state-of-the-art defense solutions at stand P17. … Read the full press release
Posted in Business, Defence, Government, Industrial, Management, Media, News, Security & Safety, Sweden, Technology
Tagged Defense, Defense & Security 2023, defense exhibition, Fredrik Lindblom, Saab, THAILAND
(IN BRIEF) Saab has introduced the Key Employee Plan 2024 (KEY 2024), a long-term incentive program designed to retain key employees. This program, following the Key Employee Plan 2023, is meant to motivate and keep critical talent within the company. … Read the full press release
Posted in Business, Defence, Industrial, Management, Sweden, Technology
Tagged Employees, incentive program, KEY 2024, Key Employee Plan 2024, Saab, shareholders, shares
(IN BRIEF) Saab will be showcasing its advanced defense and security solutions at the Dubai Airshow in Dubai World Central, United Arab Emirates, from November 13 to 17. Visitors to Saab’s stand (#965) in the main exhibition hall will have … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Government, Industrial, Management, Media, News, Security & Safety, Sweden
Tagged Anna-Karin Rosen, Defense Solutions, Dubai Airshow, exhibition, Saab
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