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The latest announcement is out from Saab AB ( ($SE:SAAB.B) ).
Saab has secured SEK 1.3 billion in orders from Lithuania for its AT4 shoulder-launched weapon and ammunition for the Carl-Gustaf system, with deliveries scheduled between 2027 and 2029. The contracts, placed under a broader framework agreement that also covers Latvia and Estonia, reinforce Saab’s position as a key supplier of 84mm ground combat systems in the Baltic region, underscoring growing regional demand for reliable, versatile anti-armour and support weapons and strengthening the company’s role in European defence preparedness.
The most recent analyst rating on ($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 Swedish-headquartered defence and security company that designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. With about 27,000 employees and major operations worldwide, Saab focuses on providing military and security solutions that support national defence capabilities for several countries.
Average Trading Volume: 2,247,490
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK272.1B
See more insights into SAAB.B stock on TipRanks’ Stock Analysis page.