Saab AB (publ) (SAABY) Research

Saab AB (publ), a multinational company founded in 1937 and headquartered in Stockholm, Sweden, specializes in providing advanced products, services, and solutions. Its core markets are global military defense, aerospace, and civil security. The organization's operations are strategically divided into five key segments: Aeronautics, Dynamics, Surveillance, Kockums, and Combitech. Saab's comprehensive offerings include the innovation and development of sophisticated military and civilian aviation technologies, alongside significant research into both crewed and uncrewed aircraft systems. For armed forces worldwide, the company supplies a broad spectrum of ground combat weaponry, advanced missile and torpedo systems, unmanned underwater vehicles, and cutting-edge training and simulation tools, including signature management capabilities. Additionally, Saab produces specialized underwater vehicles designed for the offshore industry, serving both civil and defense requirements. In the critical areas of safety and security, Saab delivers robust solutions for surveillance, informed decision-making, and the detection, localization, and protection against various threats. These solutions leverage state-of-the-art airborne, ground-based, and naval radar systems, electronic warfare capabilities, integrated combat systems, and comprehensive C4I (Command, Control, Communications, Computers, and Intelligence) solutions. Its naval portfolio features advanced submarines equipped with the Stirling system for air-independent propulsion, surface combatants, sophisticated mine hunting systems, and autonomous maritime vessels. Beyond physical products, Saab furnishes essential support services such as product integration, ongoing technical maintenance, and logistics. The company also contributes to public safety through traffic management technologies and assists various industrial, defense, and public sector clients with expertise in cybersecurity, artificial intelligence, and big data analysis. Ultimately, Saab's capabilities span systems development and integration, ensuring information and systems security, fostering robust communications, applying mechanical engineering prowess, and delivering comprehensive technical product information.

Market snapshot

Symbol
SAABY
Price
$26.27
Day change
-1.35%
Market cap
$266.7B
P/E ratio
41.77x
52-week range
23.29-40.77
Sector
Industrials
Industry
Aerospace & Defense

Recent news

  • Saab invests $13 million in defence technology company Comand AI

    Swedish defence equipment maker Saab said ​on Wednesday it had ‌invested €11.1 million ($12.9 million) for a 10% stake in ​Paris-based defence technology ​company Comand AI.

  • Brazil's Embraer rules out fighter jet push, backs Saab partnership

    Brazilian planemaker Embraer ​has no plans to develop ‌a fighter jet, CEO Francisco Gomes Neto told reporters on Wednesday, adding the ​company was satisfied with its ​partnership with Sweden's Saab in the ⁠segment.

  • Airbus leans towards Saab as Franco-German fighter unravels

    Airbus is increasingly looking to Sweden's Saab as a preferred future partner as the collapse of a Franco-German fighter programme reshapes European defence alliances, ​three people familiar with the matter said.

Peer companies

  • Bombardier Inc. (BOMBF)
  • Dassault Aviation S.A. (DUAVF)
  • Leonardo S.p.A. (FINMF)
  • FUJIFILM Holdings Corporation (FUJIF)
  • MTU Aero Engines AG (MTUAY)
  • Kongsberg Gruppen ASA (NSKFF)
  • Prysmian S.p.A. (PRYMF)
  • Prysmian S.p.A. (PRYMY)

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