Saab AB (OTCMKTS:SAABY) is a Swedish aerospace and defense company that specializes in the development, production and support of advanced systems and solutions for both military and civilian applications. The company’s offerings span a broad spectrum of capabilities, with a core focus on aeronautics, munitions and missile systems, surveillance and underwater systems. Saab’s products are designed to enhance situational awareness, operational effectiveness and security across air, land, sea and cyber domains.
The company operates through several business areas, including Aeronautics, Dynamics, Surveillance and Kockums. The Aeronautics division is best known for the Gripen multirole fighter aircraft, which combines high performance with adaptability and low life-cycle costs. Dynamics develops precision-guided munitions, anti-ship missiles and shoulder-launched systems such as the Carl-Gustaf. The Surveillance unit provides radar, electronic warfare and command-and-control solutions, including the Erieye airborne early warning system. Kockums designs and constructs submarines, surface vessels and advanced naval systems, offering bespoke underwater security solutions for navies worldwide.
Founded in 1937 as Svenska Aeroplan Aktiebolaget, Saab has grown from a national aircraft manufacturer into a diversified global defence contractor. The company separated from its automotive arm in the 1990s to focus solely on aerospace and security. Over the decades, Saab has forged strategic partnerships and joint ventures to extend its technological capabilities and market reach, collaborating with governments and industry peers on programs spanning Europe, the Americas, Asia-Pacific and the Middle East.
Headquartered in Stockholm, Saab is led by President and CEO Micael Johansson, supported by an executive management team with extensive defence and engineering expertise. The company employs a workforce of skilled professionals across multiple continents, backed by a network of facilities and service centres that provide long-term support, training and upgrades for its customers. Saab continues to invest in research and development, pursuing innovation in areas such as unmanned systems, cybersecurity and next-generation sensor integration to address evolving security challenges.
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