US EditionDefence Group Saab Reiterates Financial Targets for 2023-2027
9 Articles
9 Articles
Saab Builds Latin American Defense Dominance with Local Factories and Regional Alliances
Swedish defense firm Saab AB has expanded its Latin American footprint through localized production of advanced systems like Gripen fighters, securing over $6.6 billion in contracts with Brazil and Colombia since 2022. The Wallenberg family-controlled company is also competing for Peru’s $3.5 billion fighter program, positioning itself as a rival to U.S. and French suppliers […]
Defence group Saab reiterates financial targets for 2023-2027
KARLSKOGA, Sweden (Reuters) -Swedish defence material maker Saab reiterated on Tuesday its 2023-2027 targets for organic sales growth of around 18% with operating income growth higher than organic sales growth. The defence company is riding the biggest demand boom since the end of the Cold War as Europe scrambles to re-arm in the wake of Russia’s invasion of Ukraine and signs U.S. priorities may be shifting away from the region. “Saab remains co…
10 Years Without Erik Carlsson: Honoring the Spirit of Mr. Saab
On May 27, 2015, Saab lost its greatest ambassador. Ten years later, Erik Carlsson’s memory lives on—in cars, in fans, and at the museum he never left. The post 10 Years Without Erik Carlsson: Honoring the Spirit of Mr. Saab first appeared on SAAB Planet.
According to an estimate by a Swedish defense industry company, defense industry demand in European NATO countries will grow enormously in the coming years if the so-called 3.5 percent scenario comes true.
On Tuesday, Saab organized a capital markets day in Karlskoga and Stallet. Around fifty invited investors, analysts and media were present.
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