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Saab AB ( ($SE:SAAB.B) ) has shared an announcement.
Saab has secured a SEK 510 million contract with the Danish Ministry of Defence for the delivery of Carl-Gustaf M4 weapons, ammunition, and training equipment, with deliveries scheduled from 2026 to 2028. This order reinforces Saab’s long-standing relationship with the Danish Armed Forces and highlights the Carl-Gustaf M4’s adaptability and precision, enhancing Denmark’s defense capabilities against evolving threats.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK400.00 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 through advanced technology. With a workforce of 26,000, Saab designs and manufactures systems in aeronautics, weapons, command and control, sensors, and underwater systems, playing a significant role in the defence capabilities of several countries.
Average Trading Volume: 2,399,204
Technical Sentiment Signal: Buy
Current Market Cap: SEK280.7B
For detailed information about SAAB.B stock, go to TipRanks’ Stock Analysis page.