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Saab reports strong progress on Sweden's A26 submarine programme, driven by Polish and Swedish orders. The company is increasing submarine production capacity at its Karlskrona shipyard.
Saab anticipates increased production of the T-7A Red Hawk trainer after the US Air Force reaches Milestone C. The company's Indiana factory is expected to begin a multiyear financial recovery. This milestone is a significant step in the program's development.
Poland has ordered three A26 submarines from Saab, with a delivery schedule set for 2031. The deal includes a weapons package and undisclosed missile integration. An interim boat, HMS Södermanland, will be leased until the new submarines are delivered.
Saab has secured an order worth over €900 million for two GlobalEye surveillance aircraft from an undisclosed Middle Eastern customer. The aircraft are scheduled for delivery in 2030. This order highlights the growing demand for advanced surveillance capabilities in the region.
BAE Systems, Boeing, and Saab have signed a teaming agreement to pursue the UK's next generation pilot training program. The program will feature Boeing's T-7 trainer jet and include the construction of a new final assembly facility in the UK. The partnership aims to provide advanced fast jet training for the UK's military.
Saab has secured a major order to deliver and integrate combat systems, sensors, and composite structures for four new German Navy MEKO A-200 DEU class frigates. The order is valued at SEK 8.7 billion. Saab will supply the German Navy with advanced combat systems and sensors.
NATO has selected the Saab GlobalEye to replace its aging E-3 AWACS fleet, as part of a broader effort to enhance its capabilities. The acquisition is accompanied by other announcements related to drones, maritime patrol aircraft, tankers, and airlifters. This move aims to modernize NATO's surveillance and monitoring capabilities.
NATO plans to replace its American-built AWACS aircraft with Swedish GlobalEye surveillance aircraft. The alliance will open formal negotiations with Saab to acquire up to ten planes. This change marks the end of a four-decade streak of using the same American-built aircraft for surveillance.
NATO plans to acquire up to 10 Saab GlobalEyes to replace the E-3 aircraft, according to the Secretary General. The decision comes after NATO cancelled plans to acquire Boeing E-7 Wedgetail surveillance planes.
Saab has signed a contract to supply 16 Gripen E fighter jets to Ukraine under a new defense deal. The contract was signed with the Swedish Defense Materiel Administration. This deal highlights the ongoing efforts to support Ukraine's defense capabilities.
NATO plans to replace its ageing Boeing E-3A Sentry aircraft with Saab GlobalEye platforms, according to sources. The Saab GlobalEye is a Swedish-Canadian airborne early warning platform. This replacement is intended to upgrade NATO's airborne early warning capabilities.
PENGUIN Shipyard International has completed a composite superstructure for Singapore's Multi Role Combat Vessel using Saab's technology. This marks Penguin's first composite shipbuilding project and naval defence project. The superstructure has been delivered to the Republic of Singapore Navy.
Saab has secured a deal to produce 16 Gripen E multirole combat aircraft for Ukraine, with deliveries expected in 2029-2030. The contract is worth $2.5 billion and marks Ukraine's first procurement of all-new Western aircraft. The Gripen E will significantly enhance the Ukrainian Air Force's capabilities.
The UK Prime Minister has pledged a near $105B defense budget by 2029. This investment will likely be used to modernize the UK's military capabilities.
Saab has completed the delivery of two new Gripen C fighters to Hungary, expanding the country's fleet to 18 aircraft. The delivery is part of a 2024 contract amendment between the Swedish Defence Materiel Administration and the Hungarian Ministry of Defence. The aircraft will be used for national and NATO air policing duties.
CAE is looking to boost its training provision for the GlobalEye platform, a surveillance adaptation of the Bombardier Global 6500, following a partnership with Saab. The Canadian government has selected Saab as the preferred supplier for the platform. CAE aims to build on its position as a training provider for the Global 6500.