Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Saab AB ( ($SE:SAAB.B) ) is now available.
Saab and France’s defence procurement agency have signed a joint declaration of intent for France to acquire Saab’s GlobalEye Early Warning and Control aircraft, enhancing French Armed Forces’ situational awareness across multiple domains. This potential procurement, announced at the Paris Air Show, signifies a strategic move for Saab, potentially strengthening its position in the defence industry through expanded operations in France.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK375.00 price target. To see the full list of analyst forecasts on Saab AB stock, see the SE:SAAB.B Stock Forecast page.
More about Saab AB
Saab is a leading defence and security company headquartered in Sweden, dedicated to helping nations ensure safety and security. With a workforce of 25,000, Saab innovates in technology to create safer and more sustainable solutions, specializing in aeronautics, weapons, command and control, sensors, and underwater systems. The company operates globally and contributes to the domestic defence capabilities of several nations.
Average Trading Volume: 3,566,946
Current Market Cap: SEK250.6B
For an in-depth examination of SAAB.B stock, go to TipRanks’ Overview page.