Saab AB - Company Profile
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Business Description
Saab AB (Saab) is a technology company that offers a range of defense and security solutions to air, naval, land, civil security, commercial aeronautics, and other markets. In FY2022, the Air market accounted for 42% of the company’s revenue followed by Land (26%), Naval (21%), Civil Security (6%), Commercial Aeronautics (2%), and Other markets (3%).
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R&D Overview
Saab’s R&D activities focus on the development of new products and enhancing the effectiveness of existing products. It collaborates with several companies, customers and leading universities to revitalize its business and ensure its success. The company focuses on various emerging technologies such as additive manufacturing, digitalization, autonomous systems, cybersecurity and artificial intelligence to manufacture products and solutions. It conducts its R&D activities through five innovation labs. In FY2022, the company incurred expenses of SEK7,637 million on R&D, which as a percentage of revenue, stood at 18.2%.
Business Segments
Overview
Manufactures innovative aerial systems and engages in development of military aviation technology. Focuses on manned and unmanned aircraft for new systems and further development of existing products.
Performance
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Overview
Offers technology with cutting-edge expertise to create solutions for customers’ specific needs. It is active in aviation, defence, telecom and other industries and public sector, offers services in systems development, systems integration, information security, systems security, communications, mechanics, technical product information and logistics.
Performance
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Overview
Includes Group staffs, departments and non-core operations.
Performance
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Overview
Offers ground combat weapons, missile systems, torpedoes, unmanned underwater vehicles, training systems and signature management systems for armed forces. Also offers niche products for the civil and defense markets.
Performance
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Overview
Engaged in the development, production and in-service support of submarines, surface vessels and naval systems. Offers product such as submarines with the Stirling system for air independent propulsion, mine hunting systems, surface combatants, and autonomous vessels.
Performance
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Overview
Provides safety and security solutions for surveillance and decision support, threat detection, location, and protection covering airborne, ground-based and naval radar, electronic warfare, combat systems, and C4I solutions.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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