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Saab AB ( ($SE:SAAB.B) ) has provided an update.
Saab has secured a contract with the Spanish Army to supply Individual Duel Simulation systems, marking the first order under a framework agreement potentially worth EUR 34 million. This collaboration, involving local partner Tecnobit, will establish Saab’s live training systems in Spain, enhancing the Spanish Army’s training capabilities with advanced, realistic, and interoperable systems to prepare for modern warfare challenges.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK518.00 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, with a mission to enhance national safety through advanced technology. It specializes in aeronautics, weapons, command and control, sensors, and underwater systems, and operates globally as part of several nations’ domestic defence capabilities.
Average Trading Volume: 2,488,467
Technical Sentiment Signal: Buy
Current Market Cap: SEK247.5B
For an in-depth examination of SAAB.B stock, go to TipRanks’ Overview page.