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NCC Wins SEK 250 Million Office Project for BAE Systems Hägglunds in Örnsköldsvik

Story Highlights
  • NCC secured a SEK 250 million contract to build a 7,500-square-meter office facility for BAE Systems Hägglunds in Örnsköldsvik.
  • The project, expanding an existing partnership and strengthening NCC’s position in high-security office construction, will start immediately and complete in 2028.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NCC Wins SEK 250 Million Office Project for BAE Systems Hägglunds in Örnsköldsvik

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The latest update is out from NCC AB ( ($SE:NCC.B) ).

NCC has been awarded a new SEK 250 million contract to build modern office and workspaces for defense contractor BAE Systems Hägglunds in Örnsköldsvik, Sweden, expanding on an existing collaboration that already includes construction of production facilities at the Gullänget factory site. The 7,500-square-meter office building, to be delivered through a partnering model and completed in 2028, will feature flexible office solutions and enhanced work environments to support BAE Systems Hägglunds’ ongoing expansion and development, while reinforcing NCC’s position in high-security and office-building projects and contributing additional volume to its NCC Building Sweden business area from the first quarter of 2026.

The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK241.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.

More about NCC AB

NCC is one of the leading construction companies in the Nordic region, with operations spanning building and infrastructure contracting, asphalt and stone materials production, and commercial property development. Leveraging expertise in complex construction processes, the company focuses on projects that deliver long-term value for customers and society, generating around SEK 62 billion in sales in 2024 with approximately 11,800 employees, and its shares are listed on Nasdaq Stockholm.

Average Trading Volume: 157,086

Technical Sentiment Signal: Buy

Current Market Cap: SEK20.25B

For a thorough assessment of NCC.B stock, go to TipRanks’ Stock Analysis page.

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