A unique position for continued growth
Saab has seen substantial international growth in recent years, fueled by conscious choices, increased presence in strategic markets together with international partnerships and a strong focus on innovation and state of the art product portfolio. This has laid the foundation for a unique position in the global defence and security market. Saab is now taking further steps in its growth journey, while maintaining an increased focus on sustainability to create greater value – for society and all its stakeholders.
Key focus areas to create greater value
- Strong focus on international expansion in strategic markets through a globalized approach and industrial partnerships to accelerate growth in an ethical and responsible way
- Faster innovation through investments in technology and R&D within our core competence areas to further contribute to our defence and security capabilities and product portfolio
- Continuous cost efficiency in every part of the business, optimisation of the product portfolio and increased automation and digitisation
- Long-term cash flow generation and a strong financial position to support further growth
- Integrating sustainability as a business critical driver for greater value creation
Our proactive efforts to sharpen the product portfolio have led to
- New generation of the Gripen
- New generation of the GlobalEye Airborne Early Warning & Control system
- New ground-based and naval radar systems
- New generation of Carl-Gustaf
- New submarines
In 2019, a new marketing organisation was set up with a greater focus on Saab’s key markets. At the same time, Saab continues to grow through
collaborations.
This has resulted in new orders and strengthened the order backlog
- Gripen Sweden, 2013
- Gripen Brazil, 2015
- Blekinge-class (A26) and Gotland-class (MLU) submarines, 2015
- Anti-ship missile RBS15, 2017
- Global Eye, 2015 and 2018
- Trainer aircraft T-7A, 2018
- Finland Squadron, 2019
Since 2014, Saab has converted the order backlog into strong sales growth.
Saab has a strong position and is ready for the next step
- Win new orders for our updated platforms
- Continue to grow through small and mediumsized orders as well as recurring business
- Optimise the product portfolio
- Further efficiency improvements
- Generate positive cash flow
Saab’s aim is to grow profitably and has a long-term annual growth target of 5 per cent.