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Saab Orders Triple on Gripen E and GlobalEye Deals
The Swedish defense group booked SEK 65.8 billion in orders, with a Gripen deal for Ukraine and a GlobalEye sale driving the surge.
- On Friday, October 23, 2026, Swedish defense company Saab reported strong third-quarter earnings, with new orders surging to $6.6 billion, more than triple the prior year.
- Major contracts drove the surge, including a $2.5 billion agreement for 16 Gripen E fighter jets for Ukraine signed in June and a $1 billion order for two GlobalEye airborne early warning and control aircraft.
- Quarterly sales rose 30.6% organically to $2.1 billion, while operating income jumped 42% to $197 million, beating FactSet expectations of 1.9 billion kronor.
- Saab CEO Micael Johansson said "growing customer demand is reflected in major contract awards," as the company's order backlog climbed to $36.7 billion by September's end.
- Potential deals with NATO, the Netherlands, and Canada position Saab for future growth, while Middle Eastern GlobalEye deliveries arrive in 2030 and Germany orders support long-term momentum.
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17 Articles
17 Articles
Defense giant Saab sees orders triple after Gripen fighter jet deal with Ukraine
·Englewood Cliffs, United States
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Svenska DagbladetReposted by 
Skånska Dagbladet
Skånska DagbladetDefense group Saab's order intake tripled in the third quarter compared to the corresponding quarter last year. Profits are rising sharply, as expected.
·Stockholm, Sweden
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Saab: Στα 6,6 δισ. δολάρια οι νέες παραγγελίες μετά το deal με Ουκρανία για τα μαχητικά Gripen
Οι πωλήσεις του τρίτου τριμήνου έφτασαν τα 20,6 δισ. κορώνες, υπερβαίνοντας τις εκτιμήσεις της FactSet για 20 δισ. κορώνες. Υψηλότερα από τις εκτιμήσεις των αναλυτών διαμορφώθηκαν τα κέρδη και τα έσοδα της σουηδικής Saab στο τρίτο τρίμηνο, καθώς οι νέες by sofokleous10..gr
Saab, the Swedish giant in the defense industry, reported on Friday revenues and profits over expectations for the third quarter, [...]
Illustrative image Photo: PexelsSwedish defense saw requests more than triple with agreement of Gripen fighters to Ukraine
Coverage Details
Total News Sources17
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
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