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Saab

🌎 saab.com

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.

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Saab - Latest News and Updates

• Saab won a major contract with the French and British navies for its autonomous sea mine neutralizer.
• Saab successfully completed the first live mine neutralization using an ROV under the UK-France MMCM program.
• Saab released its Q1 Interim Report for 2025 on April 26, highlighting continued growth in a dynamic market.
• 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.
• 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 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 will showcase its naval and maritime defence advancements at IMDEX Asia 2025 in Singapore from 6–8 May, replacing its previous participation in the Singapore Airshow 2024.
• Saab participated in the PÉGASE GRAND NORD operation in Luleå, showcasing their products alongside French and Finnish air forces in advanced air combat exercises.
• 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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