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Saab submarines show promise

24th October 2017 - 15:00 GMT | by Alice Budge in London

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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

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Alice Budge

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Alice Budge


  

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