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Last kr261.50 SEK
Change Today 0.00 / 0.00%
Volume 77.3K
As of 6:05 AM 11/27/15 All times are local (Market data is delayed by at least 15 minutes).

saab ab-b (SAABB) Snapshot

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11/17/15 - kr264.80
52 Week Low
01/15/15 - kr186.00
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saab ab-b (SAABB) Details

Saab AB (publ) provides products, solutions, systems, support, and services for military, naval, land, civil security, and commercial aeronautic markets in Sweden and internationally. Its Aeronautics segment offers Gripen fighter, unmanned aerial systems, advanced airborne systems, related subsystems, aerostructures, aircraft components, and services to defense customers and commercial aerospace industries. The company's Dynamics segment provides ground combat weapons, missile systems, torpedoes, sensor systems, unmanned underwater vehicles, and signature management systems for armed forces, as well as remotely operated vehicles and security systems for the offshore industry and nuclear power plants. Its Electronic Defense Systems segment supplies solutions for surveillance, threat detection and location, platform and force protection, and avionics. This segment offers airborne, land-based, and naval radar systems; and electronic support measures and self-protection systems. The company's Security and Defense Solutions segment offers C4ISR systems, airborne early warning system, civil security systems and solutions, and training and simulation, as well as telecom carrier and power solutions. This segment also provides combat management systems for navy, air force, and army; and designs, constructs, and maintains submarines. Its Support and Services segment offers integrated support solutions, technical maintenance and logistics, and field facilities and regional aircraft support, as well as products, solutions, and services for military and civil missions in locations with limited infrastructure. The company also provides technology consulting services primarily in the areas of environment and security; and industrial products and services. Saab AB (publ) was founded in 1937 and is headquartered in Bromma, Sweden.

14,556 Employees
Last Reported Date: 10/23/15
Founded in 1937

saab ab-b (SAABB) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: kr10.6M
Compensation as of Fiscal Year 2014.

saab ab-b (SAABB) Key Developments

Heroux-Devtek UK Extends Maintenance Agreement with Saab AB

Heroux-Devtek UK has extended its global strategic maintenance agreement with Saab AB, Support &Services, Regional Aircraft. The extended agreement further enhances the global maintenance, repair and overhaul services and support available to operators of all variants of the Saab 340 and Saab 2000 aircraft families. This extended global strategic maintenance cooperation combines Heroux-Devtek's expertise as a landing gear designer and manufacturer with Saab RA's operator and aircraft service provider capability, technical expertise and knowledge. Heroux-Devtek's design ownership, combined with Saab RA's role as original equipment manufacturer and type certificate holder of the Saab 340 and Saab 2000 aircraft, makes it possible to develop new repair schemes and service schedules. Saab RA's relationship with Heroux-Devtek UK began in the 1980' s, when jointly designing the landing gear for the Saab 340 and Saab 2000 aircraft. The agreement enhances maintenance support for landing gear to be continuously made available to all Saab 340 and Saab 2000 operators through Saab RA via Heroux-Devtek's facilities in Runcorn, UK and Wichita, Kansas. This work can be contracted through Saab's Regional Aircraft Support organizations in Linkoping, Sweden and Ashburn, Virginia. The Saab 340 aircraft remains the most attractive option in the 30-seat class with no new aircraft available to replace it. More than 450 aircraft were built between 1983 and 1999. Meanwhile, the Saab 2000 was designed to carry 50 to 58 passengers and 63 aircraft were built between 1992 and 1999. Heroux-Devtek remains committed to working with operators and Saab RA to manage the direct operating costs and provide a platform for many years of continued, cost effective, in-service life.

UAE Air Force Signs Contract with Saab for New Advanced Airborne Surveillance System

Saab has signed a contract with the United Arab Emirates (UAE) Air Force to expand and enhance its airborne surveillance capabilities. Saab will deliver a new airborne Swing Role Surveillance System (SRSS) incorporating a new version of the Saab Erieye radar system. The order value amounts to approximately USD 1.27 billion. The new SRSS for the UAE uses two Global 6000 aircrafts from Bombardier as a platform. The Swing Role Surveillance System is capable of simultaneous detection and tracking of multiple targets in the air on land and at sea. It is the latest evolution of the Erieye system that incorporates Saab's many decades of radar capabilities across all domains.

Saab to Provide Maintenance Support for Sweden's Gripen Aircraft

The Swedish Defence Materiel Administration has awarded a SEK 154 million ($17.8 million) contract to Saab to provide support and maintenance for Gripen aircraft. Saab signed a contract in 2012 with FMV for performance-based support and maintenance of the Gripen fighter and the new contract is an exercise of an option held under that contract. The company will offer support and maintenance operations with a focus on technical support, publications and component maintenance to support the continued operation of Gripen.


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Price/Earnings 31.8x
Price/Sales 1.1x
Price/Book 2.3x
Price/Cash Flow 31.1x
TEV/Sales 0.7x

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