Saab

Saab

Global defense and security technology company

Overview

Saab is a global defense and security company that develops fighter jets, submarines, radars, and other advanced systems for military and civil protection. Its products work through the integration of high-performance hardware, software, and sensors, such as Gripen avionics and radar networks that detect targets and guide responses. It differentiates itself with deep in-house capabilities, a long defense heritage, and ongoing investment in AI and digital security. Its goal is to help nations protect security and sovereignty by delivering reliable technologies and comprehensive services worldwide.

About Saab

Simplify's Rating
Why Saab is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Industrial & Manufacturing

AI & Machine Learning

Aerospace

Defense

Company Size

10,001+

Company Stage

IPO

Headquarters

Stockholms kommun, Sweden

Founded

1937

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Simplify's Take

What believers are saying

  • Q2 2026 order bookings hit SEK68.4 billion, driving a record SEK318 billion backlog.
  • Q2 2026 sales rose 23.6% organically, while EBIT margin reached 11.0%.
  • First-half 2026 operating cash flow turned positive at SEK1.0 billion.

What critics are saying

  • Naval booked a SEK200 million write-down after losing Sweden’s frigate program.
  • Canada has not signed GlobalEye; negotiations can still collapse on content rules.
  • Scaling 3,000 hires yearly risks delivery slips across the SEK318 billion backlog.

What makes Saab unique

  • GlobalEye won Canada’s preferred-supplier status on July 7, 2026.
  • Saab spans fighters, submarines, radar, and software across Europe’s rearmament cycle.
  • Seventy-six percent of Q2 2026 backlog sits in international markets.

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Funding

Total Funding

$883M

Above

Industry Average

Funded Over

6 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

Bereavement Leave

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Student Loan Assistance

Wellness Program

Mental Health Support

Company Equity

Employee Stock Purchase Plan

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

0%
Yahoo Finance
Jul 21st, 2026
Saab AB hits record $30.5B order backlog with 30% organic growth and 11% EBIT margin

Saab AB reported record results in Q2 2026, with an order backlog reaching SEK318 billion and order intake exceeding SEK68 billion, driven by major contracts including a SEK47 billion submarine deal with Poland and Gripen fighter contracts with Ukraine. The Swedish defence company achieved nearly 30% organic growth. EBIT margin improved to 11%, representing a 41% quarterly increase, whilst gross margin expanded by more than one percentage point year-on-year. Cash flow turned positive at SEK1 billion for the first half, compared to minus SEK1.1 billion the previous year. The company increased R&D investment by SEK700 million and maintained its BBB+ credit rating from S&P. Saab has been hiring approximately 3,000 employees annually to scale production capacity. However, the Naval division recorded a SEK200 million write-down after failing to secure the Swedish frigate programme.

Yahoo Finance
Jul 17th, 2026
Saab Q2 net income rises 41% to $224M on higher sales and operating earnings

Swedish defence company Saab reported higher second-quarter earnings on Friday, driven by stronger operating profit and increased sales. Net income at the fighter jet maker rose to 2.17 billion Swedish kronor ($224 million) from 1.54 billion kronor a year earlier. Earnings per share increased to 3.96 kronor from 2.83 kronor. EBITDA climbed to 3.77 billion kronor from 2.83 billion kronor in the prior-year period. Operating income rose to 2.79 billion kronor from 1.98 billion kronor. Sales increased to 25.45 billion kronor from 19.79 billion kronor in the second quarter of last year.

Sifted
Jun 17th, 2026
French battlefield software startup Comand AI raises €32m from Blossom Capital, Saab

The startup last raised funding in late 2024 and aims to expand into new domains like air and maritime

Associated Press
Jun 1st, 2026
Last Saab factory cars sell for over $95K at Trollhättan auction

Seven cars from the defunct Saab factory in Trollhättan, Sweden, have sold for a combined 1.035 million kronor (approximately €90,000) at auction through Klaravik. The collection included three Saab vehicles and four Nevs electric cars. A 2018 Nevs electric car fetched the highest price at 252,000 kronor, whilst the three final Saab pre-production cars sold for between 142,000 and 177,000 kronor. All vehicles were purchased by Swedish private individuals or companies. The auction attracted international attention, with coverage in 47 countries and hundreds of Saab enthusiasts gathering in Trollhättan for a ceremonial event, including visitors from the United States and across Europe. All but one car achieved six-figure sale prices.

Associated Press
May 27th, 2026
Canada chooses Saab-Bombardier surveillance planes over US options for Arctic defence

Canada will purchase early warning radar planes from Sweden's Saab and Canada's Bombardier, Prime Minister Mark Carney announced Wednesday, choosing the option over two American alternatives from Boeing and L3Harris. The government is negotiating to acquire Saab's Airborne Early Warning & Control Aircraft, built on Bombardier's Global 6500 platform with 20% US content. The decision aligns with Carney's strategy to diversify military spending away from the United States, with a cap ensuring no more than 70 cents of every defence dollar goes to America. Canada joined a major EU defence fund last year and is seeking six radar aircraft capable of detecting threats across the Arctic. Canada is also reviewing its planned purchase of US F-35 fighter jets, exploring alternatives including Saab's Gripen, which would be assembled in Canada.

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