OM:SAAB BAerospace & Defense
Saab Contract Win And Airbus Talks Reframe Long Term Defence Story
Saab secured a contract with the Swedish Defence Materiel Administration to supply sensors and command-and-control systems for ground-based air defence brigades.
Airbus is assessing a potential partnership with Saab on a next-generation fighter project after issues around the FCAS program.
For investors tracking OM:SAAB B, the news comes with the stock trading around SEK524.9 and a very large 5 year price gain of about 7x, alongside a 5.9% rise over 1 year. In the shorter term, the share...