Saab

OverviewSuggest Edit

Saab is a global provider of products, services, and solutions for the defense, commercial aeronautics, infrastructure security, and traffic management markets. It operates in six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. The company manufactures and sells military aviation systems, ground combat weapons, missile systems, torpedoes, unmanned underwater vehicles, training and signature management systems for armed forces, submarines, surface combatants, mine hunting systems, and autonomous vessels, as well as solutions for safety and security, surveillance and decision support, threat detection, location, and protection. In addition, Saab offers support solutions, technical maintenance, and logistics as well as products, solutions, and services for military and civil missions.
TypePublic
Founded1937
HQStockholm, SE
Websitesaab.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)18,011
Job Openings475
Revenue (FY, 2021)KR39.2 B(+11%)
Share Price (May 2022)KR429.2(+3%)
Cybersecurity ratingBMore
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Key People/Management at Saab

Micael Johansson

Micael Johansson

President and Chief Executive Officer, Board Member
Christian Luiga

Christian Luiga

Deputy CEO and Chief Financial Officer
Anders Carp

Anders Carp

Deputy CEO
Jonas Hjelm

Jonas Hjelm

Senior Vice President and Head of Business Area Aeronautics
Görgen Johansson

Görgen Johansson

Senior Vice President and Head of Business Area Dynamics
Carl-Johan Bergholm

Carl-Johan Bergholm

Senior Vice President and Head of Business Area Surveillance
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Saab Office Locations

Saab has offices in Stockholm, Arboga, Åryd, Boden and in 71 other locations
Stockholm, SE (HQ)
Olof Palmes gata 17, 5 tr
Arboga, SE
Kungsörsvägen 60
Boden, SE
Pontonjärvägen 10
Frösön, SE
Cronstads väg 2
Gamleby, SE
Hammarsvägen 1
Gustavsberg, SE
Fenix väg 3
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Saab Financials and Metrics

Saab Revenue

Saab's revenue was reported to be kr39.15 b in FY, 2021
SEK

Revenue (Q1, 2022)

9.2b

Gross profit (Q1, 2022)

2.5b

Net income (Q1, 2022)

372.0m

EBITDA (Q1, 2022)

1.1b

EBIT (Q1, 2022)

654.0m

Market capitalization (25-May-2022)

54.7b

Closing stock price (25-May-2022)

429.2

Cash (31-Mar-2022)

903.0m

EV

63.4b
Saab's current market capitalization is kr54.7 b.
Annual
SEKFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

33.2b35.4b35.4b39.2b

Cost of goods sold

(24.7b)(26.2b)(28.5b)(29.6b)

Gross profit

8.6b9.4b7.1b9.7b

R&D expense

(1.1b)(995.0m)(1.1b)(1.1b)
Quarterly
SEKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

8.5b8.4b7.9b8.0b8.8b6.1b9.1b10.1b8.0b9.2b

Cost of goods sold

(6.3b)(6.2b)(5.9b)(5.8b)(6.7b)(5.9b)(6.7b)(7.5b)(5.8b)(6.7b)

Gross profit

2.2b2.4b2.0b2.3b2.3b1.3b2.4b2.6b2.2b2.5b

R&D expense

(264.0m)(300.0m)(248.0m)(309.0m)(317.0m)(264.0m)(406.0m)(465.0m)(372.0m)(416.0m)
Annual
SEKFY, 2018FY, 2019FY, 2020FY, 2021

Cash

1.3b891.0m1.1b1.4b

Accounts Receivable

5.2b5.2b4.1b5.9b

Prepaid Expenses

869.0m596.0m873.0m1.1b

Inventories

9.3b10.5b10.3b11.6b
Quarterly
SEKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

2.6b1.4b1.5b1.4b1.9b2.4b961.0m3.2b2.6b903.0m

Accounts Receivable

4.5b3.9b2.9b3.5b4.2b2.8b5.3b3.8b3.8b5.1b

Prepaid Expenses

1.0b1.3b1.3b1.2b1.3b1.5b1.0b1.3b1.3b1.3b

Inventories

9.5b10.2b10.5b11.4b11.7b11.4b11.3b11.1b11.8b12.6b
Annual
SEKFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

1.8b2.6b1.1b2.6b

Depreciation and Amortization

866.0m1.4b1.5b1.5b

Inventories

(1.1b)(1.1b)95.0m(1.3b)
Quarterly
SEKQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

510.0m1.1b1.5b442.0m1.1b394.0m505.0m1.2b1.6b485.0m

Inventories

(230.0m)(838.0m)(1.1b)(901.0m)(1.3b)(1.0b)(958.0m)(794.0m)(1.5b)(1.0b)
SEKFY, 2018

Revenue/Employee

2.0m
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Saab Operating Metrics

Saab's Backlog was reported to be kr105.2b in FY, 2021.

Saab Acquisitions / Subsidiaries

Company NameDateDeal Size
Atmos SistemasApril 30, 2020
Phaeros GroupAugust 31, 2016
ThyssenKrupp Marine SystemsJuly 22, 2014
TikabMay 14, 2013
HITTOctober 02, 2012
Täby DisplayteknikJune 12, 2012
Sensis CorporationJune 29, 2011
Tietosaab SystemsJune 29, 2009
Combitech CSE ABApril 01, 2007
Saab Nyge Aero ABApril 06, 1999
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Saab Revenue Breakdown

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Saab revenue breakdown by business segment: 31.1% from AERONAUTICS, 21.8% from DYNAMICS, 5.7% from COMBITECH, 32.5% from SURVEILLANCE, 8.6% from KOCKUMS and 0.4% from Other

Saab Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Saab Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Saab Online and Social Media Presence

Embed Graph

Saab Company Culture

  • Overall Culture

    A+

    93/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    93/100

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Saab News and Updates

Saab Receives Swedish Order for Torpedo Tubes for Surface Ships

Saab has received an order from the Swedish Defence Materiel Administration for a new torpedo tube for lightweight torpedos. The order value is approximatly SEK 150 million, and there is an option to increase the quantity of the order. Deliveries will take place during 2023.

Viktor Wallström New Head of Group Communication at Saab

Saab has appointed Viktor Wallström as new Senior Vice President and Head of Group Communication. Viktor Wallström will start in the position no later than 1 October 2022 and will become a part of Saab’s Group Management.

Saab Awarded Contract from US Army for Carl-Gustaf recoilless rifles

The U.S. Army MAAWS Program Office has awarded Saab a contract for Carl-Gustaf® M4 recoilless rifles. The Carl-Gustaf rifles are also known as Multi-purpose Anti-Armor Anti-personnel Weapon System (MAAWS) and M3A1 in the U.S. Army.

Saab Receives Order from Sweden for Carl-Gustaf Ammunition

Saab has received an order from the Swedish Defence Materiel Administration (FMV) for deliveries of ammunition for the recoilless Carl-Gustaf® rifle. The order value is approximately SEK 800 million and deliveries will take place 2023-2025.

Saab’s Sirius Compact Offers New Flexibility for EW Users

Saab unveils Sirius Compact - a lightweight electronic warfare passive sensor to meet surveillance challenges across all levels of tactical operations by locating threats while remaining undetected.

Saab Firings Showcase New Programmable Carl-Gustaf Munition

Saab’s programmable Carl-Gustaf® munition, designated HE 448, was fired for the first time in front of an audience at a live fire event in Karlskoga, Sweden.
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Saab Frequently Asked Questions

  • When was Saab founded?

    Saab was founded in 1937.

  • Who are Saab key executives?

    Saab's key executives are Micael Johansson, Christian Luiga and Anders Carp.

  • How many employees does Saab have?

    Saab has 18,011 employees.

  • What is Saab revenue?

    Latest Saab annual revenue is kr39.2 b.

  • What is Saab revenue per employee?

    Latest Saab revenue per employee is kr2.2 m.

  • Who are Saab competitors?

    Competitors of Saab include Syntronic, Sozvezdie and Northrop Grumman.

  • Where is Saab headquarters?

    Saab headquarters is located at Olof Palmes gata 17, 5 tr, Stockholm.

  • Where are Saab offices?

    Saab has offices in Stockholm, Arboga, Åryd, Boden and in 71 other locations.

  • How many offices does Saab have?

    Saab has 82 offices.