Releases - Saab

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2006

 

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Gripen in the race for future fighter replacement in Norway

Gripen International has received an invitation from the Norwegian Ministry of Defence to discuss a model for cooperation related to a possible replacement of the Norwegian F-16 fighter aircraft. The discussions will start early in 2007.
An enhanced standard of the Gripen new generation fighter, dubbed Gripen N, has been offered as an answer to a formal Request for Information earlier in 2006. The offer, backed...

Saab acquires 18 % of Cold Cut Systems

Saab and Cold Cut Systems Svenska AB (CCS) have today extended their collaborative partnership to include Saab Ventures as part-owner.
“The background to this deal is that Saab is investing in the emerging public safety market and that these two companies offer products that complement each other. With the Swedish Rescue Services Agency developing and investing in a safer society, together they form a concept...
 

Saab receives first major defence order from Spain

Saab Microwave Systems has signed a contract with the Spanish army for ARTHUR Weapon Locating radars, a training simulator and logistics. The order is worth 476 MNOK (59 MEUR). The order confirms Saab’s position as a world leader within weapon locating and is a breakthrough on the Spanish market.
”This is Saab´s first major deal with the Spanish Defence Authorities and a real milestone”, says Göran Hedborg,...

Saab awarded a contract for a Mobile Combat Training Center by the Slovenian Arm...

On 5th December, Saab Training Systems in Huskvarna, Sweden, signed a contract with the Ministry of Defense in Slovenia for an instrumented training system. The order includes a mobile CTC (Combat Training Center) and equipment for training in urban environments.
“We are very proud that the Slovenian Armed Forces have selected Saab as their partner for the establishment of the Combat Training Center. This...

Former State Secretary Jonas Hjelm appointed to Saab

The former State Secretary at the Ministry of Defence, Jonas Hjelm, has been appointed to a position at Saab Corporate Strategy and Business Development.

Jonas Hjelm will be responsible, among other things, for contacts with the Swedish defence market and Saab’s European contacts (European Defence Agency, EDA among others).

Jonas Hjelm comes most recently from a position as State Secretary at the Ministry of...

Saab continues the joint Research and Development Program for future Multi-role ...

Saab Microwave Systems AB, Selex Sistemi Integrati S.p.A and Elettronica S.p.A. have been awarded the second phase of a three phase Research and Development Program supporting the development of the next generation of microwave multi-function, multi-role systems called M-AESA (Multi-role Active Electronically Scanned Antenna).
On behalf of the armed forces of Italy and Sweden, FMV, Swedish Defence Materiel...
 

Saab carries out IRIS-T flight test trials for Sweden

Saab has successfully carried out the first flight tests with the air-to-air missile IRIS-T to verify the function between the missile and the Gripen aircraft. IRIS-T enhances Gripen’s close combat capability, which is an important component for Gripen during future international operations.
“The trials are an important milestone in the Gripen program. IRIS-T is a European collaboration and development project...

Terma and Saab sign Agreements

Saab and Danish defence and aerospace company Terma have signed a Memorandum of Understanding which should be seen as the initial step in a long-term cooperation between the two parties.
The background for the agreement is considerations of Danish Ministry of Defence which is in the process of evaluating options for the replacement of the Danish fleet of F-16 fighter aircraft. Saab is promoting the acquisition...

Danish Aerotech and Saab conclude an agreement worth DKK 200 million

Danish Aerotech A/S and Saab AB have just concluded a cooperation agreement that ensures orders for Danish Aerotech worth up to 200 million Danish kroner, provided Denmark decides to purchase the Gripen fighter as a replacement for its current F-16 fighters. Danish Aerotech is expecting to supply Saab with mechanical, electrical and electronic components as part of the new cooperation agreement.

INTERIM REPORT January – September 2006

• Sales SEK 13,716 m. (12,458)
• Net income for the period SEK 979 m. (631)
• Earnings per share SEK 8.73 (5.63)
• Operating income SEK 1,322 m. (944),
income after financial items SEK 1,293 m. (889)
• Order bookings SEK 20,127 m. (11,165)
• Order backlog SEK 52 billion (43)

“Saab continues to do well. After three quarters, sales and income are well in line with our expectations. We have finalized...

Saab

Saab serves the global market with world-leading products, services and solutions ranging from military defence to civil security. Saab has operations and employees on all continents and constantly develops, adopts and i...

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