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Source: United Press International

Linköping :: Sweden | updated 2014-07-03 13:06:15 -0700 | business-news

Sweden's Defense Materiel Administration has tapped Saab to design a new lightweight torpedo over the next year. The order is worth more than $7.1 million and is part of a letter of intent between Saab and the government on upgrading...
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Source: United Press International

Linköping :: Sweden | updated 2014-06-20 10:03:58 -0700 | business-news

British troops are to continue to receive a managed training service using Saab's deployable tactical engagement simulator, the company says. The managed training service for British Army Overseas Training Exercises is for a period of three years and comes under...
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Source: United Press International

Linköping :: Sweden | updated 2014-06-19 06:09:40 -0700 | business-news

A Swiss subsidiary of Saab is to market non-lethal crowd-control products in Europe made by NonLethal Technologies of the United States. The companies share common core values and market strategies. They are fast, innovative, quality producers well-known in their respective...
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Source: United Press International

Linköping :: Sweden | updated 2014-06-17 05:49:38 -0700 | business-news

Saab's AT4 family of disposable shoulder-launched weapons is to receive enhanced range and explosive capabilities, the company has announced. The AT4CS ER variant extends the effective range of the anti-armor weapon to 600 yards.
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Source: United Press International

Linköping :: Sweden | updated 2014-06-26 17:31:40 -0700 | business-news

Talks between Saab and Talks between Saab and ThyssenKrupp Industrial Solutions over the sale of a Swedish shipyard are in a final stage and continuing. Saab said it was making the announcement about the acquisition of ThyssenKrupp Marine Systems, formerly...
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Source: United Press International

Linköping :: Sweden | updated 2014-07-08 18:01:49 -0700 | business-news

Meteor missile integrated onto a Gripen fighter have been completed by Saab and the Sweden's Defense Materiel Administration. For Saab Aeronautics it has been a privilege to work together with the Meteor team during the development program," said Tobias Andersson,...
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Source: United Press International

Linköping :: Sweden | updated 2014-06-30 13:54:03 -0700 | business-news

Saab announced on Monday that it has successfully completed negotiations with ThyssenKrupp Industrial Solutions for acquisition of its Marine Systems business. The purchase price for ThyssenKrupp Marine Systems, formerly Kockums, is about $50.5 million and will be paid with currently...
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Source: United Press International

Linköping :: Sweden | updated 2014-05-22 15:07:58 -0700 | business-news

Advanced aerial target services will continue to be provided to Sweden's armed forces by Saab through a new contract announced Wednesday. Saab said the award was issued by the Swedish Defense Materiel Administration and carries a value more than $45.6...
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