tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Saab Appoints Marcus Wandt to Lead New Strategy and Technology Group

Story Highlights
Saab Appoints Marcus Wandt to Lead New Strategy and Technology Group

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.

Saab AB ( ($SE:SAAB.B) ) has issued an announcement.

Saab has appointed Marcus Wandt as Senior Vice President and head of the new Group Strategy and Technology function, effective November 1, 2025. This strategic move aims to enhance Saab’s focus on technology and innovation, mergers and acquisitions, and partnerships, reinforcing its position in the defence and security industry. Wandt’s extensive experience as a Swedish Air Force fighter pilot and former Chief Test Pilot at Saab, along with his role as an astronaut, underscores his capability to lead this new initiative.

The most recent analyst rating on ($SE:SAAB.B) stock is a Hold with a SEK526.00 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 maintain safety and security. With a workforce of 26,000, Saab is at the forefront of technological innovation, designing and maintaining advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems. The company plays a crucial role in the domestic defence capabilities of several nations worldwide.

Average Trading Volume: 2,429,395

Technical Sentiment Signal: Buy

Current Market Cap: SEK256.9B

See more insights into SAAB.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1