Saab forecasts sales increase despite orders' dip
Saab is confident its contribution to major defence programmes and its associated order potential will lead to the company delivering a 5% increase in sales growth per year, despite figures indicating a reduced order book.
From January to September 2018, the company recorded 17 orders, a 29% fall on the same period last year.
However, the 5% target, released by the company during a capital markets event on 15 November, is largely underpinned by four of the Swedish manufacturer's flagship projects across the air and sea domains.
These consist of the future fighter Gripen E platform; the Boeing partnered fifth
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Taiwan approved for purchase of $11 billion in weapons from US]()
Taiwan approved for purchase of $11 billion in weapons from US
The US State Department’s approval of a multi-billion-dollar sale of weapons to Taiwan includes tactical mission networks equipment, uncrewed aerial systems, artillery rocket systems and self-propelled howitzers as well as anti-tank guided missiles.
-
![US National Security Strategy prioritises advanced military capabilities and national industry]()
US National Security Strategy prioritises advanced military capabilities and national industry
The 2025 NSS has emphasised investment in the US nuclear and air defence inventory and national industry, but it leaves multiple unanswered questions on how the White House will implement this approach.
-
![Canada set to look away from its neighbour and across the Atlantic for partners]()
Canada set to look away from its neighbour and across the Atlantic for partners
While non-EU UK struggles to join the Security Action for Europe initiative, which provides loans for defence programmes, Canada has become the first country outside Europe to get access – and did so for a nominal fee.
-
![NATO experiments with solutions to integrate networks, AI and uncrewed systems]()
NATO experiments with solutions to integrate networks, AI and uncrewed systems
During the latest edition of the NATO DiBaX, the alliance tested multiple capabilities to inform requirements for future efforts.
