Saab (OTCMKTS:SAABY) AB, traded on the OTC market as SAABY, is a Sweden-based defense and security company specializing in advanced solutions for military, government and civil markets. The company’s core activities encompass the design, development and production of combat aircraft, underwater systems, weapon and missile systems, radar and sensor technology, as well as command and control systems. Saab also provides cybersecurity, training and simulation services to support mission-critical operations worldwide.
Operating through several business areas—Aeronautics, Dynamics, Surveillance, Kockums (Naval Systems) and Industrial Products & Services—Saab is best known for its Gripen multi-role fighter jets, RBS-series ground-based air defense systems and Carl-Gustaf shoulder-fired rockets. In the naval domain, the company delivers submarines, surface ships and mine countermeasure vessels, while its surveillance offerings include ground-based and maritime radar solutions, airborne early-warning aircraft and integrated air traffic management systems.
Founded in 1937 as Svenska Aeroplan Aktiebolaget to develop military aircraft for the Swedish Air Force, Saab has since expanded into a global defense and security provider. The company is headquartered in Stockholm and maintains research, development and manufacturing facilities across Europe, North America, Asia and Australia. Saab’s products and services are exported to more than 100 countries, with key markets in Europe, the Middle East and Asia.
Under the leadership of President and CEO Micael Johansson, who took the helm in early 2019, Saab continues to invest in next-generation technologies such as unmanned systems, artificial intelligence and digital solutions. The company collaborates with national armed forces, international alliances and industrial partners to deliver integrated systems that address evolving security challenges and support sustainability goals in defense procurement.
