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Saab AB ( ($SE:SAAB.B) ) has issued an announcement.
Saab has secured an order worth approximately SEK 9.6 billion from the Swedish Defence Materiel Administration for the final production phase and additional materials and services for two Blekinge-class (A26) submarines. This development underscores Saab’s role in enhancing Sweden’s underwater capabilities and maintaining national security, with the majority of deliveries expected between 2026 and 2032.
The most recent analyst rating on ($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, specializing in advanced systems in aeronautics, weapons, command and control, sensors, and underwater systems. With a workforce of 26,000, Saab focuses on creating a safer and more sustainable world and is integral to the domestic defence capabilities of several nations.
YTD Price Performance: 126.41%
Average Trading Volume: 2,539,435
Technical Sentiment Signal: Buy
Current Market Cap: SEK281.8B
Find detailed analytics on SAAB.B stock on TipRanks’ Stock Analysis page.