Saab completes divestment of shares in Vricon
Saab has completed the divestment of all its shares in the U.S. based joint venture company Vricon Inc.
With reference to earlier announcements, Saab has now completed the divestment of all its shares in Vricon Inc. to Maxar Technologies. Saab has received the purchase price of 117 MUSD and the transaction is closed.
The financial implication for Saab is a positive cash flow effect of 117 MUSD and a capital gain of approximately 1 BSEK.
Saab and Maxar are now taking the next step in its partnership and have entered into new agreements to ensure future technical development of Saab products and supply of Vricon products for the benefit of Saab’s current and future customers.
For further information, please contact:
Saab Press Centre,
Ann Wolgers, Press Officer
+46 (0)734 180 018
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Saab serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers’ changing needs.