Saab AB (Saab) is an international defense solutions company that serves military defense and civil security markets with its products, services, and solutions. The company offers electronic warfare, airborne solutions, gripen fighter system and weapons systems in its air market. It provides C4I solutions, anti-tank system NLAW, ground-based air defense, signature management, and support solutions in the land market. Saab also offers integrated naval communication systems, combat management systems, submarines and warships, and underwater systems in the naval market. It offers security solutions for air traffic management, cyber security, public safety and security, offshore industry, and maritime traffic management. The company has business operations in Europe, North America, Latin America, Asia-Pacific, and Africa. Saab is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Olof Palmes Gata 17, 5 Tr, Stockholm, 11122
Website
www.saab.com
Telephone
46 13 180000
No of Employees
20,091
Industry
Aerospace and Defense
Ticker Symbol & Exchange
SAAB B (STO)
Revenue (2022)
$4.2B
7.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
14%
(2022 vs 2021)
Market Cap*
$6.9B
Net Profit Margin (2022)
XYZ
6.3%
(2022 vs 2021)
* As of and is in US$
Saab AB premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Air: | Integrated Support Solutions |
| Command and Control | Maintenance |
| Electronic Warfare | Logistics |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company expanded a contract with the U.S. Department of Defense for AT4 anti-armour systems and Carl-Gustaf ammunition. |
| 2023 | Contracts/Agreements | In September, the company awarded a contract to EaglePicher to develop a 24-volt lithium-ion battery for the Gripen E-series fighter aircraft. |
| 2023 | New Products/Services | In September, the company launched a deployable variant of its Giraffe 1X 3D radar. |
Competitor Comparison
| Key Parameters | Saab AB | RTX Corp | The Boeing Co | Lockheed Martin Corp | Airbus SE |
|---|---|---|---|---|---|
| Headquarters | Sweden | United States of America | United States of America | United States of America | Netherlands |
| City | Stockholm | Arlington | Arlington | Bethesda | Leiden |
| State/Province | - | Virginia | Virginia | Maryland | - |
| No. of Employees | 20,091 | 182,000 | 156,000 | 116,000 | 141,799 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marcus Wallenberg | Chairman | Executive Board | 2006 | 67 |
| Micael Johansson | Director; Chief Executive Officer; President | Executive Board | 2020 | 63 |
| Bert Nordberg | Director; Deputy Chairman | Executive Board | 2021 | 67 |
| Michael D. Brasseur | Chief Strategy Officer; Vice President | Senior Management | 2023 | - |
| Rob Murray | Chief Innovation Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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