SAAB AB

SAAB AB

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Company Overview
Saab AB is a Sweden-based technology company active within the defense, aviation and space industries. The Company’s principal activities are to develop, manufacture and deliver advanced products and services for the defence, aviation and space technology. When Saab, Svenska Aeroplan Aktiebolaget, was established in 1937, its primary aim was to meet the need for a domestic military aircraft industry in Sweden.
The Company operates through three segments: Defense and Solutions, Systems and Products, and Aeronautics. Defense and Solutions develops and manufactures command, control and communication systems. Systems and Products produces and sell systems, products and components for defense, aviation, space and civil security internationally. Aeronautics comprises both military and civilian operations, including the Gripen Program, which uses technology to perform air-to-air and air-to-surface operational missions.
Saab AB, as the type certificate holder, is responsible for the continued airworthiness of the aircraft types. The Company is comprised of Combitech, Gripen International, Saab, Saab Aerostructures, Saab Aerosystems, Saab Aerotech, Saab Aircraft Leasing, Saab Avitronics, Saab Barracuda, Saab Bofors Dynamics, Saab Communication, Saab Ericsson Space, Saab Grintek, Saab Systems, Saab Training Systems, Saab TransponderTech and Saab Underwater Systems.
Saab has its headquarters in Stockholm and the company conducts business activities from more than 30 locations in Sweden alone. Saab is also continuing to expand its business operations globally, where it has grown to have major operations in several countries in Europe, as well as in South Africa, Australia and the United States. This expansion is expected to continue into the future.
Business Summary
Saab AB is a technology company active within the defense, aviation and space industries. It operates through three segments. Defense and Security Solutions develops and manufactures command, control and communication systems. Systems and Products produces and sells systems, products and components for defense, aviation, space and civil security internationally. Aeronautics comprises both military and civilian operations, including the Gripen Program, which uses technology to perform air-to-air and air-to-surface operational missions.
Description and history
Saab AB is a technology company active within the defense, aviation and space industries. It operates through three segments. Defense and Security Solutions develops and manufactures command, control and communication systems. Systems and Products produces and sells systems, products and components for defense, aviation, space and civil security internationally. Aeronautics comprises both military and civilian operations, including the Gripen Program, which uses technology to perform air-to-air and air-to-surface operational missions.

As of January 1, 2006, Saab consisted of 15 business units: Saab Aerotech, Saab Communication, Saab Grintek, Saab Systems, Combitech, Saab Surveillance Systems, Saab Avitronics, Saab Barracuda, Saab Bofors Dynamics, Saab Space, Saab Training Systems, Saab Microwave Systems, Saab Underwater Systems, Saab Aerosystems, Saab Aerostructures, Saab Aircraft Leasing and Gripen International.

HISTORY:
– At the brink of World War II
When Svenska Aeroplan Aktiebolaget was founded in 1937, its primary aim was to meet the need for a domestic military aircraft industry in Sweden.
When deliveries of Saab’s first aircraft, the light bomber and reconnaissance aircraft B17, began in 1941, Saab became the dominant supplier to the Swedish Air Force. With the modified J21R in 1947 and introduction of the J29 Tunnan fighter in the late 1940s, Saab and Sweden entered the jet age in a big way.
Since then Saab and the Swedish Air Force have followed each other through various generations of military jet aircraft,
introducing world-leading technology every step of the way. Tunnan was followed in the fifties by Lansen and later by Draken (1960) and Viggen (1971).

– The engineering company
Military aircraft production led not only to commercial aircraft production but also a number of other businesses and products. While Saab has always been an innovative knowledge company, the step to industrial development has never been far off.
In the forties Saab’s aircraft operations spun off what is now known as Saab Automobile, one of many successful non-defence operations generated within Saab. In the sixties Saab helped to create Sweden’s computer, missile and space industries.
In 1969 Saab and Scania merged to form Saab-Scania, a company combining aircraft and defence systems with the manufacture of automobiles and trucks. In 1990 Saab Automobile was created, and in 1995 the current Scania was separated from Saab. Since then Saab has sharpened its focus on hightechnology segments of the defence market.
When the first deliveries of Gripen, the first and thus far the only fourth generation fighter aircraft in operational
service, began in 1993, Saab took another major step in its development. In 1999 the first export order for Gripen was signed with the South African Air Force.

– The defence company
After having been a wholly owned subsidiary of Investor since 1991, Saab went public in its current form in 1998. In
connection with the listing on the Stockholm Exchange, BAE Systems acquired a 35-percent stake in Saab and became – together with Investor – the largest shareholder. In 2000 Saab acquired the defence group Celsius, and with it over a century of Swedish defence industry history.
Bofors, for example, has manufactured cannons since the second half of the 19th century, and the defence electronics company now known as SaabTech traces its roots back to Philips, Data Saab, Ericsson, AGA and Satt Electronics.
By acquiring Celsius, Saab brought a large part of Swedish defence industry history together under one roof and created Sweden’s dominant company in the field.
The broad-based product range is clearly focused on future defence needs and a safer society.

Business Line
Develop, manufacture and deliver advanced products and services for the defence, aviation and space technology
Subsidiary
AB GЦTAVERKEN
Advisor
DELOITTE AB
IPO date
6/18/1998
US SIC Code
3721
Company Address
Brцderna Ugglas gata

City province or state postal code
581 88, LINKЦPING
Phone: +46 13 18 00 00
Fax: +46 13 18 00 11
Country address: SWEDEN
Website url: www.saabgroup.com