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Saab Q3 Operating Income Swings To Profit Of SEK 518 Million
HiQ Broadens Its Collaboration With Saab
Saab Selected As Combat System Provider For Squadron 2020 Programme
Saab AB is a Sweden-based company offering products and services ranging from military defense to civil security. The Company’s operations are divided into six business areas. The Aeronautics includes the development of civil and military aviation technology, including the Gripen and Unmanned Aerial Systems. The Dynamics comprises a product portfolio of weapon systems, such as support weapons, missiles, Remotely Operated Vehicles and signature management systems. The Electronic Defense Systems provides airbone, land-based and naval systems and radar, signals intelligence and self-protection. The Security and Defense Solutions provides the military and civil security market with, among others, computerized command, control, communications and intelligence systems. The Support and Services offers service and support to the Saab’s clients. Among others, the Company operates through Thyssen Krupp Marine Systems AB and Nordic Defence Industries, a producer of mine disposal charge systems.
Aerospace & Defense
Independent Chairman of the Board
President, Chief Executive Officer
Sten E. Jakobsson
Independent Deputy Chairman of the Board
Executive Vice President and Chief Financial Officer
Senior Vice President and Head of Group Legal Affairs, General Counsel, Secretary of the Board
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Swedish defence firm Saab <SAABb.ST> reported quarterly operating earnings well ahead of market forecasts on Tuesday, and affirmed its view that operating cashflow this year would improve versus 2018.
Sweden's Saab <SAABb.ST>, maker of the Gripen fighter jet, on Wednesday appointed Deputy CEO Micael Johansson as chief executive.
Telecom equipment maker Ericsson's <ERICb.ST> CEO Borje Ekholm could be about to announce his exit after less than three years in the job with outgoing Saab CEO Hakan Buskhe planned as his replacement, business daily Dagens Industri reported on Wednesday citing anonymous...
Telecom equipment maker Ericsson's CEO Borje Ekholm could be about to announce his exit with outgoing Saab CEO Hakan Buskhe planned as his replacement, business daily Dagens Industri reported on Wednesday citing anonymous sources.
Swedish defence firm Saab's <SAABb.ST> Chief Executive and President Hakan Buskhe will step down early next year after almost a decade in charge, the company said in a statement on Sunday.
Swedish defense firm Saab AB, which is seeking to sell its Gripen fighter jets to the Indian Air Force, said on Tuesday it could offer to make most of them in a production facility likely to be set up in one of the southern cities.
Swedish defense firm Saab reported a bigger than expected rise in quarterly operating earnings on Friday and forecast improving margins and sales in 2019 compared with 2018.
The Chinese-backed company born from the remnants of bankrupt Swedish automaker Saab is investing 150 million euros (131 million pounds) in a venture with Swedish super car brand Koenigsegg, in a move that could see them develop new electric models.
* SAAB OFFERS SWISS INDUSTRIAL PARTICIPATION WORTH 100 PERCENT OF CONTRACT VALUE
Sweden's Saab <SAABb.ST> plans to raise 6 billion Swedish crowns (513 million pounds) to bolster its financial muscle after big contract wins that have swelled its order backlog in recent years, the defence company said on Tuesday.
Defence firm Saab on Tuesday unveiled plans to raise 6 billion Swedish crowns ($665 million) to bolster its financial muscles in the wake of big contract wins that have swelled its order backlog in recent quarters.
Boeing Co was selected to build the U.S. Air Force's next training jet in a contract worth up to $9.2 billion over the life of the program, the Air Force said on Thursday.
South Korea's military has picked Boeing Co <BA.N> to supply the country's maritime patrol aircraft in a contract worth around 1.9 trillion won ($1.71 billion), a senior company executive said on Monday.
Swedish defence firm Saab posted fourth-quarter operating earnings below analysts forecasts on Friday and proposed a smaller dividend hike than expected.
South Korea will acquire its next maritime patrol aircraft from overseas, an official at the defence procurement agency said on Thursday, with Boeing <BA.N> and SAAB <SAABb.ST> likely to be vying for the contract.
* CONSORTIUM OF SAAB AND CS GROUP TO MODERNIZE DSNA AIR TRAFFIC MANAGEMENT SYSTEM AT PARIS-CDG, PARIS-LE BOURGET AND PARIS- ORLY Source text: http://bit.ly/2oGAGVc Further company coverage: (Gdynia Newsroom)
* Saab and Amata will work to define projects (Recasts, updates with Saab statement)
Thailand's Amata Corporation Pcl and Sweden's Saab AB expect to jointly build an aerospace parts plant and a pilot training centre in Thailand next year to tap growing demand in the region, Amata's chief said on Thursday.
Sweden's Saab <SAABb.ST> will tie up with India's Adani Group to bid for a contract to make fighter aircraft in India, its chief executive said on Friday, pitting it against Lockheed Martin <LMT.N> in a race to equip India's air force with new jets.
* New Delhi- Saab CEO says will utilise research and development on Gripen in India for other markets and for other aviation and defence sectors * New Delhi- Saab CEO says will export Gripen from India to other countries if government allows * New Delhi- Saab CEO says will...
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