News and Press Releases

Saab announced today it has divested the Dutch-based company QPS (Quality Positioning Services), a provider of hydrographic software solutions within the global maritime industry. The decision is in line with Saab’s strategy to optimize its product portfolio and to increase focus on five core areas.

Supported by Sweden, Saab has submitted its proposal for the Future Fighter Capability Project (FFCP) to Canada. The proposal comprises 88 Gripen E fighter aircraft, with a comprehensive support and training package and an industrial and technological benefits programme.

Saab is to create a new FCAS centre in the United Kingdom as a hub for our participation in the FCAS (Future Combat Air Systems) programme. Saab is committed to build a long term relationship with the UK related to FCAS by investing initially 50 MGBP. The UK and Sweden signed a MoU (https://saabgroup.com/media/news-press/news/2019-07/saab-comments-on-swedish-uk-future-combat-air-announcement/) on FCAS co-operation in July 2019. Saab is leading Sweden’s FCAS industrial participation in close co-operation with Sweden’s Ministry of Defence.

Saab presents the results for January-June 2020.

Saab has received an order for Carl-Gustaf® ammunition and AT4 systems from the U.S. Army. The order value is approximately USD 100 million (930 MSEK) and deliveries will take place in 2021.   

Saab has signed a support agreement with the United Arab Emirates regarding the advanced airborne early warning and control (AEW&C) solution GlobalEye. The agreement is valid between 2020 and 2022, with an order value of 144.9 MUSD.

Saab has received a first order from the Swedish Defence Materiel Administration (FMV) for the life extension of the heavyweight torpedo system. The order value is approximately 485 MSEK and deliveries will take place during 2020-2024.

Saab's first aerostructures plant outside of Sweden for the new Gripen E/F fighter, in São Bernardo do Campo, Brazil, reaches another important milestone with the start of production. This site builds sections of Gripen, which will then be delivered to the final assembly facilities at the Embraer plant in Gavião Peixoto, São Paulo, Brazil and to Saab in Linköping, Sweden.

Saab’s CEO Micael Johansson and acting CFO Thomas Hendel will present the Saab interim report for January-June 2020.

Saab has completed the divestment of all its shares in the U.S. based joint venture company Vricon Inc.