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Saab AB ( ($SE:SAAB.B) ) has provided an update.
Saab has extended its contract with the Swedish Armed Forces for the maintenance and support of Gripen C/D and E aircraft, valued at approximately SEK 4 billion, with deliveries scheduled from 2026 to 2027. This extension ensures high availability and readiness for the Swedish Air Force, with options for additional orders until 2029, reinforcing Saab’s position in the defence industry.
The most recent analyst rating on ($SE:SAAB.B) stock is a Sell with a SEK350.00 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 is a leading defence and security company headquartered in Sweden, known for designing, manufacturing, and maintaining advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems. With a global presence and a workforce of 26,000, Saab is dedicated to enhancing safety and sustainability worldwide, contributing significantly to the domestic defence capabilities of several nations.
Average Trading Volume: 2,539,747
Technical Sentiment Signal: Buy
Current Market Cap: SEK293.7B
See more insights into SAAB.B stock on TipRanks’ Stock Analysis page.