News and Press Releases

Saab announces that its Gripen offer to Finland, submitted in January this year, also includes two GlobalEye Airborne Early Warning and Control (AEW&C) aircraft.

The Swiss defence procurement agency, armasuisse, has formally recommended to Saab not to participate with Gripen E in the upcoming flight tests in Switzerland. The reason is that the flight tests have been designed to only evaluate aircraft that are operationally ready in 2019. The flight tests are part of the fighter evaluation process that foresees aircraft deliveries in 2025. Gripen E will enter into operational service years before Switzerland has scheduled deliveries and will meet all its defined capabilities. However, the Gripen E development plan does not match the Swiss plan to perform flight tests with aircraft that are operationally ready in 2019. Therefore, Saab has decided not to attend the Swiss flight tests in Payerne 24-28 June. 

Saab has received an additional order from the U.S. Navy for the Sea Giraffe Multi Mode Radar (MMR) for the Coast Guard’s offshore patrol cutter.  

The Saab Annual General Meeting 2019 resolved to authorise the Board of Directors to decide to repurchase the company’s own shares of series B in order to secure delivery of shares to participants in Saab’s long-term Share Matching Plan, Performance Share Plan and Special Projects Incentive. Saab announces that the Board of Directors today has decided to utilise its authorisation for this purpose.

Saab is exhibiting (booth #1521) at CANSEC, Canada’s largest security and defence exhibition. The event takes place in Ottawa, Ontario on May 29-30 and Saab’s dedicated CANSEC media briefing is scheduled for Wednesday, May 29 at 10:00 am through 11:00 am in the official Media Room. The media briefing will provide an update on Saab’s Canadian plans as well as provide an update on the Gripen fighter. 

Saab presents an updated offer based on its Sirius suite of passive sensor systems for the air, land and sea domains. Sirius represents a full range of capabilities based on a common architecture and with a domain-specific edge- for intelligence, surveillance and reconnaissance operations, beyond the scope of individual sensors.

Saab has received an order to provide the United Kingdom’s Royal Navy with the AUV62-AT anti-submarine warfare (ASW) training system. Delivery is expected to take place in 2019. 

Saab announces a new site for advanced manufacturing and production in West Lafayette, Indiana, United States of America. The site will be located at the Purdue University-affiliated Discovery Park District. Saab intends to invest US$ 37 million over the coming years from 2020.

Saab will be present at the IMDEX Asia 2019 international martime defence exhibition and conference, Changi Exhibition Centre, Singapore, from 14 to 16 May. Please visit us at Stand K15 in the main exhibition hall.

Saab presents the results for January-March 2019.