Edition:
United Kingdom

Saab AB (SAABb.ST)

SAABb.ST on Stockholm Stock Exchange

334.10SEK
14 Dec 2018
Change (% chg)

-5.50kr (-1.62%)
Prev Close
339.60kr
Open
339.10kr
Day's High
339.10kr
Day's Low
329.10kr
Volume
573,890
Avg. Vol
473,622
52-wk High
430.65kr
52-wk Low
298.06kr

Latest Key Developments (Source: Significant Developments)

Saab receives order from Ireland for RBS 70 missiles
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Saab AB ::RECEIVED AN ORDER FOR RBS 70 BOLIDE MISSILES FROM IRISH DEFENCE FORCES, TOTAL ORDER VALUE IS ABOUT 60 MSEK AND DELIVERIES WILL TAKE PLACE IN 2019-2022.  Full Article

Saab gets order from Swedish Defence Material Administration
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Saab AB ::SAAB HAS RECEIVED AN ORDER FROM SWEDISH DEFENCE MATERIAL ADMINISTRATION (FMV) REGARDING TECHNICAL SUPPORT OF GRIPEN C/D.ORDER VALUE AMOUNTS TO APPROXIMATELY SEK 136 MILLION AND DELIVERY WILL TAKE PLACE DURING 2019.ORDER INCLUDES GOODS AND SERVICES REQUIRED TO SUSTAIN AIR OPERATIONS WITH GRIPEN, SUCH AS AMENDMENT SERVICES AND SPARES.ORDER EXERCISES A CONTRACTUAL OPTION WITHIN FRAMEWORK OF A PREVIOUSLY SIGNED AGREEMENT IN MAY 2017.  Full Article

Saab notes changes to U.S. Army contract awarded with Lockheed Martin
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Lockheed Martin Corp ::CO, LOCKHEED MARTIN RECEIVED CHANGE ORDER TO VEHICLE TACTICAL ENGAGEMENT SIMULATION SYSTEM CONTRACT AWARDED IN JULY 2017.CONTRACT TO PROVIDE MODERNIZED VTESS CODE FOR U.S. ARMY.VALUE OF THIS CHANGE ORDER IS APPROXIMATELY USD17.7 MILLION (APPROXIMATELY MSEK 160).ORDER WAS BOOKED DURING Q3 2018.  Full Article

Saab plans 6 bln SEK rights issue
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Saab AB ::SAAB PLANS A RIGHTS ISSUE OF APPROXIMATELY SEK 6 BILLION.SAYS TO SUPPORT SAAB'S CONTINUED GROWTH JOURNEY AND GIVE SAAB INCREASED OPPORTUNITY TO SUCCESSFULLY COMPETE FOR NEW LARGE ORDERS COMPANY IS PLANNING A RIGHTS ISSUE FOR ELIGIBLE SHAREHOLDERS DURING Q4.SAYS INVESTOR AB AND KNUT AND ALICE WALLENBERG FOUNDATION, AS WELL AS OTHER SHAREHOLDERS, TOGETHER REPRESENTING 52.3 PERCENT OF SHARE CAPITAL AND 58.9 PERCENT OF VOTES (EXCLUDING REPURCHASED SHARES)1, HAVE EXPRESSED THEIR SUPPORT FOR RIGHTS ISSUE.  Full Article

Saab Receives Order From Boeing For Advanced Pilot Training Aircraft T-X
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - Saab AB ::SAAB RECEIVES ORDER FROM BOEING FOR ADVANCED PILOT TRAINING AIRCRAFT T-X.SAAB AB <<>> - VALUE OF THIS ORDER IS APPROXIMATELY MUSD 117.6.SAAB AB-ORDER WILL RUN UNTIL 2022.  Full Article

Saab Q2 EBIT Misses Estimate
Friday, 20 Jul 2018 

July 20 (Reuters) - Saab AB ::Q2 ORDER BOOKINGS SEK 6,529 MILLION.Q2 SALES SEK 7,953 MILLION.Q2 OPERATING INCOME SEK 458 MILLION.REUTERS POLL: SAAB Q2 OPERATING INCOME SEEN AT SEK 552 MILLION, SALES AT 8,390 MILLION.ESTIMATE THAT SALES GROWTH IN 2018 WILL BE IN LINE WITH SAAB'S LONG-TERM FINANCIAL GOAL: ANNUAL ORGANIC SALES GROWTH OF 5 PER CENT.OPERATING MARGIN IN 2018, EXCLUDING MATERIAL NON-RECURRING ITEMS, IS EXPECTED TO IMPROVE COMPARED TO 2017.AN ANALYSIS IS UNDERWAY TO IDENTIFY MEASURES TO FURTHER INCREASE PRODUCTIVITY. AIM IS TO LAUNCH THEM THIS AUTUMN.SECURITY CONCERNS AND RAPID TECHNOLOGICAL DEVELOPMENTS HAVE LED TO INCREASED INVESTMENT IN DEFENCE MATERIEL IN MANY REGIONS OF THE WORLD..  Full Article

Bharat Electronics Signs MoU With Saab, Sweden
Monday, 16 Jul 2018 

July 16 (Reuters) - Bharat Electronics Ltd ::SIGNS MOU WITH SAAB, SWEDEN, FOR JOINTLY MARKETING THE L-BAND 3D AIR SURVEILLANCE RADAR, RAWL-03.  Full Article

Saab Receives Order For Naval Radars
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Saab AB ::SAAB RECEIVES ORDER FOR NAVAL RADARS.HAS SIGNED A CONTRACT FOR DELIVERY OF MULTI-ROLE NAVAL RADAR SEA GIRAFFE AMB AND ASSOCIATED EQUIPMENT INCLUDING SPARE PARTS.WORK FOR INITIAL PHASE OF CONTRACT WILL BE CARRIED OUT DURING PERIOD OF 2018-2019.CONTRACT ALSO INCLUDES OPTIONS FOR MORE THAN 10 ADDITIONAL SEA GIRAFFE AMB.DUE TO CIRCUMSTANCES CONCERNING PRODUCT AND CUSTOMER, FURTHER INFORMATION ABOUT CUSTOMER WILL NOT BE ANNOUNCED.  Full Article

Saab Wins Carl-Gustaf M4 Weapons Order From The Swedish Armed Forces
Friday, 25 May 2018 

May 25 (Reuters) - Saab AB ::SAAB RECEIVES ORDER FOR DELIVERIES OF CARL-GUSTAF M4 TO THE SWEDISH ARMED FORCES.DELIVERY WILL TAKE PLACE DURING 2018.  Full Article

CS Communication & Systemes Selected With Saab By DSNA For Modernization Of Paris Airports
Monday, 18 Dec 2017 

Dec 18 (Reuters) - CS COMMUNICATION & SYSTEMES SA ::SELECTED WITH SAAB BY DSNA.CONSORTIUM OF SAAB AND CS GROUP TO MODERNIZE DSNA AIR TRAFFIC MANAGEMENT SYSTEM AT PARIS-CDG, PARIS-LE BOURGET AND PARIS- ORLY.  Full Article

Austrian government split over scrapping Eurofighter jets -report

VIENNA, Dec 7 Austria's coalition government is split over whether to keep its fleet of Eurofighter jets, with the far-right Freedom Party preferring to replace the planes with Saab aircraft, the newspaper Die Presse reported on Friday.