OM:SAAB BAerospace & Defense
Saab (OM:SAAB B) Valuation Check After New SEK 2.6b Counter Drone Defence Order
Order highlights Saab’s role in drone defence and investor interest
Saab (OM:SAAB B) is in focus after securing a SEK 2.6b order from the Swedish Defence Materiel Administration for a mobile, modular counter unmanned aerial system to protect military and civil infrastructure from drones.
See our latest analysis for Saab.
Despite a 3.2% one day share price decline to SEK642.0, Saab’s 90 day share price return of 14.68% and very large 5 year total shareholder return suggest momentum has been...