Saab submarines show promise
Saab has witnessed a 10% growth in sales over the first six months of 2017 as it reaps the rewards of rising European and international defence spending fuelled by an uncertain global political climate.
Positive sales growth and an improved operating margin indicate Saab’s strong position going forward as the company’s largest programmes, including its new submarine portfolio, will see deliveries begin in the near future.
For the past seven years the company has focused on heavy investment in R&D and new capacities, including the acquisition of Kockums in 2014.
Håkan Buskhe, CEO at Saab, said he is optimistic
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Naval Warfare
-
![USS Zumwalt undocked after supersonic weapons upgrade]()
USS Zumwalt undocked after supersonic weapons upgrade
The vessel will be the first in the US fleet to carry the Conventional Prompt Strike capability.
-
![Italian Navy finally takes delivery of Trieste]()
Italian Navy finally takes delivery of Trieste
The largest ship built in Italy in the post-war period has been delivered, and is expected to significantly boost Italy’s Amphibious Task Group.
-
![Admiral Franchetti acknowledges importance of XLUUVs on Orca visit]()
Admiral Franchetti acknowledges importance of XLUUVs on Orca visit
The US chief of naval operations made the comments on a visit to Boeing’s Orca XLUUV.
-
![USS Arkansas Virginia-class submarine commissioned]()
USS Arkansas Virginia-class submarine commissioned
The last of the Virginia-class Block IV submarines will be commissioned soon.
-
![BAE Systems thinks littorally with new ship designs]()
BAE Systems thinks littorally with new ship designs
The shape of littoral combat is evolving, but will the Littoral Strike Craft from BAE Systems meet the needs of navies?
