Releases - Saab

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2009

 

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Saab Naval ESM South Korean Submarine
 

Saab signs contract with LIG Nex1 for localisation of signal intelligence system...

12/29/2009 4:30 AM EST
Defence and security company Saab has signed a contract with LIG Nex1 for the localisation of Saab’s naval ESM system for the South Korean second batch of Class 214 submarines. The order value is close to MEUR 11 (approximately MSEK 114).
The contract, which sees LIG Nex1 localise parts of the Saab ESM (Electronic Support Measures) system, is for the delivery of ESM systems to Howaldtswerke-Deutsche Werft GmbH...

Saab signs contract with FMV regarding Gripen

12/22/2009 9:00 AM EST
Saab has received an order from the Swedish Defence Material Administration, FMV, for the continuous support of Gripen’s operational capacity. The contract is valued to 230 million SEK.
The order includes for example programme management, product maintenance, support, flight testing, pilot equipment and simulators to support the operational capacity of the Gripen system. Work will be carried out during the...
ARTHUR
 

Saab sells the ARTHUR radar system to Italy

12/22/2009 6:20 AM EST
Defence and security company Saab has signed a contract for the sale of its ARTHUR WLS (Weapon Locating System) to the Italian Army. The order has been obtained in collaboration with the Italian company Selex Sistemi Integrati (Finmeccanica Group). The value of the order to Saab is approximately MEUR 46 (approximately MSEK 475).
Saab is to supply the radar system, with Selex Sistemi Integrati (Finmeccanica...

Saab and Mitsubishi Aircraft Corporation sign agreement for support solutions - ...

12/22/2009 5:20 AM EST
Saab and Mitsubishi Aircraft Corporation (MJET) have signed an agreement under which Saab will provide technical publication documentation work to MJET in support of their Mitsubishi Regional Jet (MRJ) programme.
The framework agreement is a strategically important achievement for Saab. It opens the path for further discussion between the companies to supply and apply Saab’s extensive expertise in the area of...
Gripen
 

Saab receives order for spare parts for Gripen

12/18/2009 5:00 AM EST
Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) regarding spare parts for the current Gripen fleet. The order amounts to SEK 200 million.
The order concerns spare parts including so-called "line replacement units", easily interchangeable modules that make it possible to correct faults in a workshop instead of in the aircraft on the ground. The units...
Carl-Gustaf
 

Saab receives two orders for Carl-Gustaf

12/16/2009 5:00 AM EST
Defence and security company Saab has signed two contracts on further deliveries of the Carl-Gustaf man-portable weapon system. The total value of the orders is 192 MSEK.
“This is very positive and it further proves the capability of the Carl-Gustaf system which until now has been exported to more than 40 customers around the world,” says Tomas Samuelsson, Business Unit Manager, Saab Bofors...

Saab issues SEK 1.1 billion under the newly established MTN programme

11/30/2009 9:00 AM EST
Defence and security company Saab has established a Medium Term Note programme (MTN) of SEK 3 billion in order to enable the issuance of long-term loans on the capital market. The programme is aimed at extending the duration of the Group's financing and reducing the utilization rate of the existing commercial paper programme.
Saab has established a Medium Term Note programme (MTN) of SEK 3 billion to issue...

Representatives of the nomination committee of Saab AB for the Annual General Me...

11/26/2009 6:00 AM EST
There has been a change in the nomination committee of Saab AB. After the change the nomination committee consists of the following representatives.


Representatives:
Marcus Wallenberg, Chairman of Saab AB
Petra Hedengran, Investor
Peter Wallenberg Jr, Knut and Alice Wallenberg’s Foundation
Peter Rydell, Swedbank Robur Funds
Erik Feldt, Nordea Funds

The Annual General Meeting of Saab AB will be held on Thursday,...
Saab 340 AEW
 

Saab signs contract with United Arab Emirates for airborne surveillance system

11/17/2009 7:15 AM EST
Defence and security company Saab has signed a contract for the sale of an airborne surveillance system to the United Arab Emirates (UAE). The contract is worth approximately 1.5 billion SEK.
The contract covers two Saab 340 AEW (Airborne Early Warning) systems, comprising of the Saab 340 aircraft equipped with the advanced Erieye radar system. The contract also includes ground equipment as well as logistics...

Saab – Results and summary January-September 2009

10/23/2009 1:30 AM EST
Order bookings amounted to MSEK 11,381 (16,050) and the order backlog to SEK 40.3 billion (46.7 billion)

Sales rose by 8 percent to MSEK 16,879 (15,608), an increase of 9 percent adjusted for divestments and exchange rate effects

Gross income amounted to MSEK 4,252 (3,990), corresponding to a gross margin of 25.2 percent (25.6)

Operating income was MSEK 871 (975), corresponding to an operating margin of 5.2...

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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