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Saab AB ( ($SE:SAAB.B) ) has provided an update.
Saab has secured a contract with the Swedish Defence Materiel Administration to supply four Gripen E/F fighter aircraft to Thailand, valued at approximately SEK 5.3 billion, with deliveries scheduled from 2025 to 2030. This deal includes a long-term offset package involving technology transfer and industrial cooperation with Thailand, enhancing the Royal Thai Air Force’s capabilities and strengthening Saab’s position in the global defence market.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK600.00 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. It specializes in designing, manufacturing, and maintaining advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems. Saab is committed to enhancing safety and sustainability globally, with significant operations worldwide and a role in the domestic defence capabilities of several nations.
YTD Price Performance: 122.28%
Average Trading Volume: 3,120,622
Technical Sentiment Signal: Buy
Current Market Cap: SEK277.2B
For detailed information about SAAB.B stock, go to TipRanks’ Stock Analysis page.