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Saab AB ( ($SE:SAAB.B) ) has provided an announcement.
Saab has secured a contract worth approximately SEK 12.3 billion from France’s defence procurement agency DGA for two GlobalEye Airborne Early Warning and Control aircraft, including associated ground equipment, training and support, with deliveries scheduled between 2029 and 2032 and an option for two additional aircraft. The deal deepens Saab’s strategic partnership with France, strengthens Europe’s airborne early‑warning capabilities as both Sweden and France will operate GlobalEye, and underpins Saab’s position in the high‑end surveillance and situational‑awareness market by expanding the footprint of its multi‑domain AEW&C platform that enhances early threat detection for air, sea and land forces.
The most recent analyst rating on ($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 systems. With around 27,000 employees and major operations worldwide, Saab focuses on delivering high‑technology solutions that support national defence capabilities for several countries and contribute to safer, more sustainable security environments.
Average Trading Volume: 2,222,118
Technical Sentiment Signal: Buy
Current Market Cap: SEK283B
See more data about SAAB.B stock on TipRanks’ Stock Analysis page.