Saab | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Saab is a leading global defense and security company headquartered in Stockholm, Sweden. It provides a wide range of products, services,...
Saab is a leading global defense and security company headquartered in Stockholm, Sweden. It provides a wide range of products, services, and solutions for military defense and civil security, including advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems. With a workforce of 22,000 talented individuals, Saab is committed to creating a safer, more sustainable, and equitable world, serving governments, authorities, and corporations worldwide.
Website
Headquarters
Stockholm, Stockholm County
Size
10,001+ employees
Industry
Defense and Space Manufacturing
Specialities
Aeronautics, Civil security, Defense, Information technology, Technology, Engineering, cyber security
ποΈ Saab Product and Pricing News β
π Saab CEO, Management and Leadership Team β
βοΈ Saab Alternatives and Competitors β
πΌ Saab Hiring and Layoffs β
π€ Saab Developer, Integration and Automation News β
π Saab Financials, Fundraising and Valuation News β
ποΈ Saab Product and Pricing News
- Saab successfully completed the first live mine neutralization using an ROV under the UK-France MMCM program.
- Saab has introduced a new maritime live training solution to help navies and coast guards train for modern threats.
- Saab plans to create 6,000 high-paying jobs annually in Canada over 40 years through the Gripen program, including intellectual property transfer to boost Canada's aerospace industry.
- Saab Australia launched the Hobart Class Destroyer Combat System upgrade and reported an economic boost of over $1.6 billion, enhancing Australia's defence capabilities and economy.
- Saab offers its most advanced version of the Gripen fighter jet to Peru as of April 12, 2025.
- The Swedish government proposed a budget to sell Saab S 106 GlobalEye aircraft to Denmark and JAS 39E/F Gripen to Peru.
- The Swedish government seeks parliamentary approval to export Saab GlobalEye AEW aircraft to Denmark and JAS 39 Gripen E/F fighters to Peru.
- Saab introduced Firebolt, an interface connecting Carl-Gustaf M4 with Fire Control Device 558 and HE 448 round, enhancing communication and ballistic calculations for military operations.
π Saab CEO, Management and Leadership Team
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Chief Technology Officer
[email protected] -
CEO[email protected]
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President & CEO Saab[email protected]
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CEO Saab Deutschland[email protected]
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CEO Saab Saudi LLC[email protected]
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Chief Executive Officer[email protected]
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Chief Executive Officer[email protected]
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President and CEO[email protected]
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Director[email protected]
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CEO[email protected]
βοΈ Saab Alternatives and Competitors
- Subaru |
- Doncasters Group |
- Volvo Group Venture Capital |
- Ultra Electronics |
- Airbus |
- Lockheed Martin |
- Boeing |
- L3Harris |
- Indra |
- Dassault Aviation SA |
- BAE Systems |
- Atkins |
- ATI |
- Bombardier |
- Hindustan Aeronautics |
- Syntronic |
- Sozvezdie |
- Northrop Grumman |
- Raytheon |
- Thuro Metal Products |
- JETNET |
- Liberty Jet Management
πΌ Saab Hiring and Layoffs
- Saab is currently seeking a Contracts Manager in the United States.
- Saab is hiring a Senior Systems Engineer Radio for its Surveillance business area in JΓ€rfΓ€lla to develop military applications.
- Saab is currently seeking a Strategic Buyer in Sweden.
π€ Saab Developer, Integration and Automation News
- Saab won a major contract with the French and British navies for its autonomous sea mine neutralizer.
- Saab has secured a contract to deliver 10 electric work-class remotely operated vehicles to Ocean Infinity, marking the largest order in Saab Seaeye's history.
- The French Army has chosen the NLAW missile produced by Saab and Thales Group, with acquisition delayed to 2025.
- Saab is collaborating with the German start-up Helsing to develop a revolutionary electronic warfare system for the Eurofighter using AI.
- Saab received a $37 million order from the U.S. Marine Corps for additional Live Training equipment, with deliveries from 2025 to 2027.
- Saab and Armored Svos completed the development and testing of an armored vehicle with an air defense rocket system, and the Czech Army will purchase 16 units.
- Oro Navigacija has selected Saab to provide its advanced Digital Tower solution for Vilnius Airport, making it the first capital airport to fully adopt this technology.
- Saab secured a SEK 2.1 billion order from Latvia for the RBS 70 NG air defense system, with deliveries from 2026 to 2030.
π Saab Financials, Fundraising and Valuation News
- Saab released its Q1 Interim Report for 2025 on April 26, highlighting continued growth in a dynamic market.
- Saab reported a first-quarter income before taxes of SEK 1.621 billion, up from SEK 1.009 billion last year, driven by sales growth.
- Saab's Q2 2025 press releases increased to 637, and they announced an interim report presentation for Q1 2025 on 11 April 2025 by CEO Micael Johansson and CFO Anna Wijkander.
- On April 11, 2025, Saab's share price increased by 0.90% to SEK 413.9, reversing a previous decline.
- Saab, along with Spotify founder Daniel Ek and the Wallenberg family's company Navigare, invested in a British venture capital firm focused on defense technology and national security.
- On April 10, 2025, Saab held its Annual General Meeting in LinkΓΆping, approving the 2024 financial statements and introducing the Share Matching and Performance Share Plans 2026 for employees.
- Sweden's Saab lost 1.4% amid a regional decline in European aerospace and defense stocks.
- Saab reported record Q1 2025 revenue of SEK 15.8 billion, a 19% year-over-year increase in order backlog, and is expanding production globally to meet rising demand.
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