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Saab has signed revolving credit facilities to a total value of 6 billion SEK with the purpose of extending existing credit facilities with maturity in January 2023. The facilities continue to strengthen Saab’s financial flexibility. In connection with the extension, Saab cancels the 4 billion SEK two year revolving credit facility signed in March 2020.
As previously communicated, Saab has adapted the organisation so that governance and management better supports the company's growth ambitions. To facilitate comparisons in coming financial reports, Saab today discloses restatement effects on key figures for full year 2021, 2020 and 2019 for affected parts of the organisation.
Saab has received orders for the recoilless rifle Carl-Gustaf® M4 with included ammunition. The combined order value is approximately 900 million SEK and deliveries will take place in 2022.
Saab is pleased to invite media, financial analysts and investors to the annual submarine seminar on the 28th of September 2021. Join our online seminar to learn more about Saab´s submarine operations.
Saab’s Giraffe 1X radar and a Command and Control (C2) system successfully participated in the multinational Arctic Challenge Exercise 2021 (ACE 21) from June 7 to 18. They were operating alongside more than 70 military aircraft from eight different countries, which gathered in Norway, Finland and Sweden to develop air combat tactics, techniques and procedures.
Saab, together with Swedish aviation industry partners and universities, will lead a project aiming to establish a technical roadmap towards fossil-free aviation. The project is supported by the Swedish Energy Agency and focuses primarily on the Swedish and Nordic market.
Saab has signed a contract for the delivery of several live training systems and services to the Polish Armed Forces. The total order value is approximately 1 billion SEK and comprises the supply of a complete live training solution for a reinforced mechanised battalion and four training centres for company size units. The contract period is 2021 to 2026 including support over a period of three years.
Encouraged by the excellent results from research co-operation with Aalto University, Saab is now investing an additional 3 million euro to further expand this strategic collaboration into new research areas. This new funding brings the total investment to 23 million euro for the years 2017-2026. With the additional funding, the collaboration will extend beyond doctoral level to postdoctoral research.
Saab will be demonstrating for the first time outside of Sweden a new generation of the Combat Boat 90 (CB90) fast assault craft. It will be shown from 14-17 September at the DSEI exhibition in London, where visitors will have the opportunity to go aboard to learn more about its new capabilities.
Saab Digital Air Traffic Solutions (SDATS) has been selected for a long-term framework agreement by skeyes, the Air Traffic Control organisation of Belgium, for their Digital Tower programme.