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Saab AB ( ($SE:SAAB.B) ) has provided an announcement.
Saab has secured an order worth about EUR 130 million from a European NATO country for its Sirius passive sensor system for signals intelligence and surveillance, with deliveries scheduled through 2030. The Sirius solution integrates Communication Intelligence (COMINT) and Electronic Intelligence (ELINT) sensors into a single system, providing both tactical situational awareness and strategic intelligence gathering across air, land and sea domains, reinforcing Saab’s position as a key supplier of advanced SIGINT capabilities to European and NATO defence customers and supporting broader efforts to enhance allied situational awareness and decision-making.
The most recent analyst rating on ($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 AB is a leading Swedish defence and security company that designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater technologies. With around 27,000 employees and major operations worldwide, Saab focuses on providing nations with defence capabilities and multi-domain surveillance and intelligence solutions to enhance national and allied security.
Average Trading Volume: 2,312,266
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK262.7B
Find detailed analytics on SAAB.B stock on TipRanks’ Stock Analysis page.