Press releases
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During the period 16 July – 22 July 2021, Saab AB (publ) (LEI code 549300ZHO4JCQQI13M69) has repurchased in total 320.000 own shares of series B (ISIN: SE0000112385) as part of the share buy-back programme initiated by the Board of Directors in order to secure delivery of shares to participants in Saab’s long-term Share Matching Plan, Performance Share Plan and Special Projects Incentive.
Saab presents the results for January-June 2021.
Saab has received an order for Carl-Gustaf® ammunition from the U.S. Army. The order value is approximately USD 75 million and deliveries will take place in 2022.
During the period 9 July – 15 July 2021, Saab AB (publ) (LEI code 549300ZHO4JCQQI13M69) has repurchased in total 236.000 own shares of series B (ISIN: SE0000112385) as part of the share buy-back programme initiated by the Board of Directors in order to secure delivery of shares to participants in Saab’s long-term Share Matching Plan, Performance Share Plan and Special Projects Incentive.
Saab’s CEO and President Micael Johansson and CFO and deputy CEO Christian Luiga will present the Saab interim report for January-June 2021.
Saab has signed a contract for the delivery of live training systems and services to the Dutch armed forces. The order comprises the supply of new equipment and functionality at 727 MSEK, with a 10-year support contract with an annual value of 66.9 MSEK. The total order over the ten year period is valued approximately 1.4 billion SEK. The contract also has an option for five years additional support following the initial 10-year period.
The U.S. Marine Corps Program Manager for Training Systems has awarded Saab the Force on Force Training Systems - Next (FoFTS-Next) Single Award Task Order Contract (SATOC). The contract has a potential value of USD 127.9 million.
The Saab Annual General Meeting 2021 resolved to authorise the Board of Directors to decide to repurchase the company’s own shares of series B in order to secure delivery of shares to participants in Saab’s long-term Share Matching Plan, Performance Share Plan and Special Projects Incentive. Saab announces that the Board of Directors today has decided to utilise its authorisation for this purpose.
Saab and Varjo Technologies work together to revolutionise flight simulators. The Finnish company Varjo has developed a human eye resolution mixed reality (XR) technology that will be integrated into all Saab Gripen E/F simulators. In addition to the highest resolution and widest field of view in the industry, the collaboration will also offer numerous new training opportunities at a fraction of the cost.
Saab has signed an agreement with FMV regarding full support for Helikopter 15. The agreement is valid from 1 January 2022 to 31 December 2026 with additional option years up to 31 December 2030. In conjunction with the agreement, an initial order valued at SEK 550 million will be registered.