Saab wins 8.7 billion kronor order to equip four German Navy frigates
Saab has received an order worth around SEK 8.7 billion to equip four new frigates for the German Navy.
BusinessSaab has received an order worth around SEK 8.7 billion to equip four new frigates for the German Navy.
BusinessTen European countries - including Sweden - are joining forces to protect against anti-drone threats. “A historic day,” says Ukrainian President Volodymyr Zelenskyy, who was also promised 16 French fighter jets.
WorldThe Stockholm Stock Exchange followed leading European exchanges on Monday. The broad OMXS index closed down 0.3 percent.
BusinessIn an old tobacco factory, Malmö has a test and training center for Swedish-made drones. Three part-time military personnel took matters into their own hands. But they also warn that Swedish drone development could be hampered by rigid regulations.
BusinessThe Stockholm Stock Exchange ended the trading week slightly lower. The broad OMXS index closed down 0.1 percent.
BusinessThe Stockholm Stock Exchange turned higher on Thursday, despite continued concerns about the Persian Gulf. The OMXS index closed up 1.4 percent.
BusinessFinland wants to buy its own reconnaissance aircraft from Saab, says Finnish Defense Minister Antti Häkkänen at the NATO summit in Ankara.
BusinessThe NATO summit could be unpleasant for some member countries when the most powerful of them, the United States, is set to grade their defense efforts. I don't think we should expect a courtesy meeting, says Prime Minister Ulf Kristersson (M) in an interview with TT in Ankara.
WorldNATO selects Saab's Globaleye for its future airborne surveillance of air, sea and land. The up to ten Globaleye planes will, among other things, be able to detect missile attacks in time.
BusinessThe Stockholm Stock Exchange fell, crawled back to the zero line - but lost courage again and the broad OMXS index closed down 0.8 percent. Defense group Saab's share rose sharply.
BusinessSeveral Swedish companies are taking part as NATO holds its defense industry forum during the alliance's summit in Ankara. At the same time, the threat of US tariffs is undermining European calls to buy more European weapons.
BusinessIn an old tobacco factory, Malmö has a test and training center for Swedish-made drones. Three impatient part-time military personnel took matters into their own hands. But they also warn that Swedish drone development could be hampered by rigid regulations.
BusinessThe Stockholm Stock Exchange started the new trading week down. The OMXS index fell 0.4 percent.
BusinessNorway is outclassing Sweden in football, and on the stock market. The rise on the Oslo Stock Exchange is more than twice as high this year as in Stockholm. It has been a great year, says Nordnet's savings economist Else Sundfør.
BusinessFinland wants to buy a short-range air defense system from Saab for SEK 1.2 billion.
BusinessPrime Minister Ulf Kristersson (M) is now highlighting the latest export successes for the Swedish defense industry. During a press conference ahead of next week’s NATO summit, he said that more deals may be imminent.
SwedenThe NATO defense alliance plans to replace its fleet of AWACS planes with Global Eye surveillance aircraft from Saab, Reuters reports, citing four people with knowledge of the matter. The news sent the stock soaring.
BusinessThe opening was in the red, but by the end of the day the Stockholm Stock Exchange had clearly risen - with Saab as one of the driving forces. At the close, the broad OMXS index was up 1 percent.
BusinessAfter Tuesday's sharp rise, the Stockholm Stock Exchange fell on Wednesday. At the close, the broad OMXS index had lost 0.2 percent.
BusinessSweden and Ukraine have signed an agreement for an initial delivery of 16 Gripen fighter jets to Ukraine, Defence Minister Pål Jonson (M) announced.
BusinessPoland has signed an agreement to buy three A26 submarines, the so-called Blekinge class, from Saab. The first is to be delivered in 2031. This is a gigantic deal. It is probably worth a total of about 50 billion Swedish kronor, says Ulf Kristersson to TT.
BusinessIt was a relatively positive start to the trading week in Stockholm. At the close, the broad OMXS index had risen 0.3 percent.
BusinessThe Stockholm stock exchange rose slightly after yesterday's gloomy results. Yesterday's tech fever seems to have subsided.
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