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Saab AB ( ($SE:SAAB.B) ) has issued an update.
Saab has secured a SEK 2.6 billion order from the Swedish Defence Materiel Administration for continued studies on future fighter systems, focusing on both manned and unmanned solutions. This contract, running from 2025 to 2027, extends a previous agreement and involves collaboration with various Swedish defense entities and industry partners, reinforcing Saab’s role in developing innovative solutions for the Swedish Armed Forces.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK350.00 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 26,000, Saab specializes in designing, manufacturing, and maintaining advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems, contributing to the domestic defence capabilities of several countries.
Average Trading Volume: 2,553,353
Technical Sentiment Signal: Buy
Current Market Cap: SEK281.8B
Learn more about SAAB.B stock on TipRanks’ Stock Analysis page.