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Saab AB ( ($SE:SAAB.B) ) just unveiled an announcement.
Saab has secured a SEK 1.5 billion order from the Swedish Defence Materiel Administration for its Trackfire Remote Weapon Station, with deliveries scheduled between 2026 and 2028 to equip the Swedish Army and the Amphibious Battalion 2030. The contract, which includes the new Trackfire ARES variant featuring a 30×113 mm M230LF Bushmaster chain gun for counter‑drone capability, strengthens Saab’s position in advanced remote weapon systems and underscores its role in modernising Sweden’s future amphibious and land forces with precision, adaptable firepower.
The most recent analyst rating on ($SE:SAAB.B) stock is a Buy with a SEK693.00 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 Sweden-headquartered defence and security company that designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. With around 27,000 employees and major operations worldwide, Saab focuses on providing high-technology solutions that form part of the domestic defence capabilities of several nations.
Average Trading Volume: 2,345,566
Technical Sentiment Signal: Buy
Current Market Cap: SEK335.2B
Learn more about SAAB.B stock on TipRanks’ Stock Analysis page.