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Saab AB ( ($SE:SAAB.B) ) just unveiled an announcement.
Saab has secured a third order from the Lithuanian Defence Materiel Agency for its Mobile Short Range Air Defence (MSHORAD) system, valued at approximately SEK 1.4 billion, with deliveries scheduled between 2026 and 2030. This order enhances Saab’s position in the defence industry by reinforcing its role in providing advanced mobile air defence solutions, which are crucial for protecting moving units against aerial threats, thereby strengthening Lithuania’s national security.
The most recent analyst rating on ($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, dedicated to helping nations ensure the safety of their people and society. 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. The company operates globally and is integral to the domestic defence capabilities of several countries.
YTD Price Performance: 104.37%
Average Trading Volume: 2,485,681
Technical Sentiment Signal: Buy
Current Market Cap: SEK254.4B
See more data about SAAB.B stock on TipRanks’ Stock Analysis page.