Saab AB (SAABb.ST) Key Developments | Reuters.com
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Saab AB (SAABb.ST)

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Latest Key Developments (Source: Significant Developments)

Saab AB says wins support and maintenance order from FMV
Monday, 2 May 2016 03:20am EDT 

Saab AB:Says receives order from FMV regarding support and maintenance for Helicopter 15.Says order valid for the years 2018 and 2019.Says order includes support and maintenance of all 20 helicopters including materiel and technical personnel, base staff in the form of management, planning and administration, logistics and materiel provision as well as on-call services in the form of additional technical personnel and services.  Full Article

Saab AB wins SEK 150 mln Gripen maintenance order in Sweden
Thursday, 10 Mar 2016 07:00am EST 

Saab AB:Receives order for Gripen maintenance support.Says ‍total order value is 150 million​ Swedish crowns.  Full Article

Saab gives guidance on FY 2016, proposes dividend for FY 2015
Wednesday, 10 Feb 2016 01:30am EST 

Saab AB:Says proposes dividend of ‍5.00​ Swedish crowns per share for FY 2015.Paid dividend of 4.75 crowns per share for FY 2014.Says ‍operating margin in FY 2016, excluding material non-recurring items, is expected to be in line with FY 2015​.Says in FY 2016, estimates sales to be in line with Saab's long-term financial goal: annual organic sales growth of 5 percent.  Full Article

Saab wins SEK 106 mln missile order
Wednesday, 13 Jan 2016 09:00am EST 

Saab AB:Saab receives order from NSPA for RBS 70 Bolide missiles.Order value amounts to 106 million Swedish crowns.Deliveries will take place during 2016-2017.  Full Article

Saab to deliver UAV systems to the Swedish Police
Wednesday, 13 Jan 2016 05:00am EST 

Saab AB:Saab to deliver UAV systems to the Swedish Police.  Full Article

Saab AB to deliver training systems to U.S. Army
Tuesday, 12 Jan 2016 09:00am EST 

Saab AB:To provide additional deliveries of laser-based training system for U.S. Army's combat vehicles.Says ‍order value of $32 million was booked by Saab as order intake in December 2015​.Says contract from 2012 consists further options that can be exercised over a time period of five years with a potential total order value of $90 million.  Full Article

Saab AB says signs ammunition contract worth SEK 1.4 bln
Tuesday, 12 Jan 2016 08:30am EST 

Saab AB:Says signs contract for Carl Gustaf ammunition.Says ‍order value is about 1.4 billion Swedish crowns.Says deliveries will take place during 2016-2019.Says due to circumstances concerning the product and customer, further information about the customer will not be announced​.  Full Article

Saab sells stake in Pipavav to Reliance Defence Systems
Thursday, 31 Dec 2015 03:44pm EST 

Saab AB:Reliance Defence Systems acquires Saab stake in Pipavav.Saab has sold its stake of about 3.3 percent, in India's Pipavav Defence and Offshore Engineering Company Limited (Pipavav).The buyer is India's Reliance Defence Systems Private Limited, which has made a tender offer on outstanding shares in Pipavav.  Full Article

Saab wins order worth 223 mln SEK
Tuesday, 22 Dec 2015 07:55am EST 

Saab AB:Saab says ‍order value amounts to sek 223 million.​ Saab receives order for countermeasures dispensers for Gripen.  Full Article

Saab says Gripen contract with Brazil on operational capabilities comes into effect
Tuesday, 22 Dec 2015 03:30am EST 

Saab AB:Says contract with Brazil for operational capabilities on Gripen NG comes into effect.Says the order value of about $245 million is booked by Saab as order intake.The order includes deliveries of external stores by Saab and suppliers who have been selected by the customer for the Brazilian Gripen NG programme.  Full Article

UPDATE 1-Saab CEO confident about Brazil jet deal despite crisis

STOCKHOLM, May 17 Sweden's Saab is keeping a close eye on political turmoil in Brazil, which has ordered 36 of its Gripen jet fighters, but does not expect the crisis to threaten orders or undermine its key programme, Chief Executive Hakan Buskhe said on Tuesday.