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Saab expects U.S. Air Force T-7A Red Hawk Milestone C to lift production as Indiana factory begins a multiyear financial recovery
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Saab expects U.S. Air Force T-7A Red Hawk Milestone C to lift production as Indiana factory begins a multiyear financial recovery
The milestone allows the U.S. government to begin contracting Boeing for batches of aircraft, Chief Executive Micael Johansson said. Saab had already started work on its own batches under contracts placed by Boeing. “So now the pace needs to increase going forward,” Johansson said during Saab’s second-quarter 2026 earnings call. He said it would take several more quarters and “a couple of years” before the business returned to what he described …
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