Royal Thai Air Force Selects Saab’s Gripen E/F Fighter

An update from Saab AB ( ($SE:SAAB.B) ) is now available.

The Royal Thai Air Force has selected Saab’s Gripen E/F as its new multi-role fighter, marking a significant step in their procurement process with Saab and the Swedish Defence Materiel Administration. Although no contract has been signed yet, the selection includes a long-term offset package aimed at enhancing Thailand’s national security and strategic independence, potentially creating jobs and investments across various sectors.

The most recent analyst rating on ($SE:SAAB.B) stock is a Hold with a SEK245.00 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 ensuring the safety of nations and societies. With a workforce of 25,000, Saab specializes in designing, manufacturing, and maintaining advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems. The company operates globally and is integral to the domestic defence capabilities of several countries.

Average Trading Volume: 3,965,020

Current Market Cap: SEK260.3B

For detailed information about SAAB.B stock, go to TipRanks’ Stock Analysis page.