Tag Archives: Saab

Saab Achieves Strong Growth in 2023: Year-End Report Highlights and Strategy Execution Update

(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

Sweden and France Strengthen Defense Cooperation with Saab and MBDA Partnership

(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

Saab Secures $101.7 Million Boeing Contract for T-7A Aft Fuselage Systems

(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

Saab Secures USD 190 Million Contract with UAE Ministry of Defence for GlobalEye AEW&C Support

(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

Saab Chief Test Pilot Begins Historic Space Journey to ISS, Paving the Way for Swedish Space Research

(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

Saab Secures SEK 300 Million Contract for Mobile Short Range Air Defence Solution in Sweden

(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

U.S. Navy Procures Saab’s Double Eagle Undersea Vehicles for Kuwait’s Naval Force

(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

Saab Secures SEK 4.3 Billion Defense Systems Order from Unnamed Western Country

(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

Saab-Backed Satellite Ymir-1 Launches to Revolutionize Maritime Communication

(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

Saab Showcases Cutting-Edge Defense Solutions at Defense & Security 2023 in Thailand

(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

Saab Unveils Long-Term Incentive Program for Key Employees

(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

Saab Unveils Cutting-Edge Defense Solutions at Dubai Airshow

(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

Saab Secures SEK 579 Million Contract to Enhance Gripen C/D Fighter Jets

(IN BRIEF) In a significant development, Saab has been awarded a contract worth SEK 579 million by the Swedish Defence Materiel Administration (FMV) to bolster the operational capabilities of Gripen C/D fighter aircraft. This contract encompasses the design of new … Read the full press release

Saab Receives Order from Japan Self-Defense Forces for Carl-Gustaf Multi-Role Weapon System

(IN BRIEF) Saab, the renowned defense and security company, has secured an order from the Japan Self-Defense Forces (JGSDF) for the supply of the versatile man-portable weapon system, Carl-Gustaf®. This order encompasses more than 300 systems, with deliveries scheduled for … Read the full press release

Saab Secures SEK 970 Million Order to Enhance CV90 Combat Vehicle’s Targeting Capabilities

(IN BRIEF) Saab has secured an order worth SEK 970 million from BAE Systems Hägglunds to provide sight- and fire control capability for the CV90 combat vehicle. The contract, spanning from 2023 to 2029, involves supplying this capability for CV90s … Read the full press release

Saab Extends Framework Agreement with U.S. Department of Defense for Close Combat Solutions

(IN BRIEF) Saab has announced an extension of its Indefinite Delivery, Indefinite Quantity (IDIQ) framework agreement with the U.S. Department of Defense (DoD). This extension allows the DoD to place orders for Saab’s close combat solutions worth up to an … Read the full press release

Saab Unveils Deployable Giraffe 1X Radar Configuration for Swift Battlefield Operations

(IN BRIEF) Saab has introduced a new configuration for its Giraffe 1X radar, known as the Deployment Set, which offers enhanced transportability, rapid relocation, and quick operational readiness. The innovative radar system, showcased at DSEI 2023, caters to the needs … Read the full press release

Saab Demonstrates Integrated Air Defense Solution for JLTV with Missile System and Camouflage Technology

(IN BRIEF) Saab aims to demonstrate the integration of its missile-equipped RBS 70 NG Mobile Firing Unit (MFU) with advanced technologies, including the Barracuda Mobile Camouflage System and tactical electronics, onto the Joint Light Tactical Vehicle (JLTV). The purpose is … Read the full press release

Saab Commences Composite Mast Production for Finnish Navy’s New Ships

(IN BRIEF) Saab, a global defense and security company, conducted a composite cutting ceremony in Karlskrona for the first of four masts to be used in the Finnish Navy’s new ships. The masts, constructed from the same composite material as … Read the full press release

Polish Navy Commences Construction of Advanced Signals Intelligence Ships with Saab and Remontowa Partnership

(IN BRIEF) The keel laying ceremony for the first of two new Polish signals intelligence (SIGINT) ships was held at Remontowa Shipbuilding S.A. in Gdansk, Poland. Saab was awarded the contract to design and produce the SIGINT ships for the … Read the full press release