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The latest update is out from Saab AB ( ($SE:SAAB.B) ).
Saab AB has secured a SEK 3 billion order from the Lithuanian Ministry of National Defence for RBS 70 Bolide missiles, with deliveries scheduled between 2028 and 2032 under an existing framework agreement for the RBS 70 NG short-range air defence system with Sweden’s FMV and Lithuania. The deal deepens Saab’s long-standing role in Lithuania’s air defence, where RBS 70 systems have been in use since 2004 and are integrated into the mobile MSHORAD solution, reinforcing Lithuania’s airspace protection and underscoring Saab’s position as a key supplier of short-range air defence in the region.
The most recent analyst rating on ($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 providing defence capabilities and security technologies as part of the domestic defence infrastructure in several countries.
Average Trading Volume: 2,208,526
Technical Sentiment Signal: Buy
Current Market Cap: SEK280.1B
See more insights into SAAB.B stock on TipRanks’ Stock Analysis page.