Saab AB (Saab) is a high-technology company, primarily operates in defence, aviation and civil security. Company’s operations are mainly focused on well-defined areas in defence electronics and missile systems as well as military and commercial aviation. Saab’s business is classified into six business segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums.
Aeronautics business manufactures aerial systems and is engaged in development of military aviation technology. Company’s dynamics business provides ground combat weapons, missile systems, torpedoes, unmanned underwater vehicles, systems for training and simulation, signature management systems for armed forces around the world. Surveillance business offers solutions for safety and security, for surveillance and decision support, and for threat detection, location, and protection. Company’s Support and Services segment includes support solutions, technical maintenance and logistics as well as products, solutions and services for military and civil missions. Industrial Products and Services segment is focused on business-to-business (B2B) customers. Saab’s Kockums provides submarines with the Stirling system for air independent propulsion, surface combatants, mine hunting systems and autonomous vessels.
For the fiscal year ended December 2017, company’s revenues increased SEK2.8 billion or 9.7% to SEK31.4 billion, as compared to the revenues in fiscal 2016.
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