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Saab has shipped its first aft airframe section for the T-7A Red Hawk program. This is a key delivery in the Engineering and Manufacturing Development (EMD) program to its T-7A Red Hawk advanced trainer aircraft partner, Boeing.
Due to the coronavirus and in order to reduce the risk of spreading the disease, the Board of Directors decided that the Annual General Meeting 2021 should be conducted through electronic connection in accordance with the temporary law applicable during 2021. The shareholders could exercise their voting rights at the Meeting only by participating online or by postal voting in advance.
Saab’s CEO and President Micael Johansson and CFO and deputy CEO Christian Luiga will present the Saab interim report for January-March 2021.
Saab and the Swedish Defence Materiel Administration (FMV) have today extended a contract to provide support and maintenance services for Gripen. The order value amounts to approximately SEK 1.6 billion for the period from 1 April 2021 to 31 December 2022. Saab has booked SEK 1.5 billion of the order value in Q1.
Saab has successfully conducted the trial which marked the first time an exterior 3D-printed part has been flown on a Gripen, rather than internal 3D-printed components. The purpose of the trial was to test how additive manufacturing could be used in battlefield damage repair.
Saab has signed a contract with the Gdynia Naval Port Command to deliver integrated logistics support for Double Eagle Mk III and Double Eagle SAROV systems. The contract's value is PLN 14.7 million, and it will be will be executed in the years 2021-2023. The scope of deliveries in individual years will include the supply of spare parts, special tools, technical documentation and training.
Saab is adapting the organisation so that governance and management will better support the company's growth ambitions. A clearer connection is being created between business area, core area and services. Customer interaction is simplified, internal interfaces are removed and there is increased focus on operational efficiency.
The shareholders of Saab Aktiebolag (reg. no. 556036-0793) are given notice of the Annual General Meeting to be held on Tuesday 13 April 2021 at 15:00 CET.
Saab has received an order for deliveries of Carl-Gustaf® M4 weapons and ammunition to the Estonian Armed Forces. The order value is approximately 100 MSEK and deliveries will take place in 2021-2022.
Saab’s annual and sustainability report for 2020 is as of today available on the Group’s website at www.saab.com.