Saab

Saab

Global defense contractor supplying fighter jets

Electrical Engineering Co-op

Summer 2027Posted on 9/23/2026Deadline 11/1/26
$20.27 - $22.30/hr

+ Sign-on bonus

Internship
Bachelor's
East Syracuse, NY, USA
In Person
No H1B Sponsorship
US Citizenship, US Top Secret Clearance Required

About the job

Requirements
  • Enrollment in an accredited degree program with a major in Electrical Engineering or Computer Engineering.
  • A cumulative GPA of 3.0 or better.
  • U.S. citizenship.
  • Completion of sophomore year or greater.
  • Understanding of basic circuit theory and digital logic design.
  • Ability to read and decipher an electrical schematic.
  • Working knowledge of VHDL.
  • Ability to use Microsoft Word and Excel.
  • Ability to use rudimentary test equipment, including oscilloscopes, digital multimeters, and power supplies.
  • Ability to communicate clearly and effectively in written and oral contexts.
  • Good organizational skills and attention to detail.
  • Eligibility to access classified information if selected and subject to a government security investigation.
  • Ability to pass a pre-employment drug screen.
Responsibilities
  • Assist engineering in the design, development, and testing of electronic circuit card assemblies.
  • Design and implement basic circuits.
  • Design, implement, simulate, and test VHDL-based Field-Programmable Gate Array firmware.
  • Bench-test circuit cards, including first-article and legacy hardware.
  • Assist in generating engineering artifacts and documentation, including circuit board schematics and bills of material.

About the company

Saab is a Swedish defense and security company that supplies governments with advanced weapons, sensors, and protection across air, sea, and cyberspace. Its main offerings include Gripen fighter jets, radar and surveillance systems, and unmanned underwater vehicles. Saab’s products work by integrating sophisticated airframes and engines with cutting-edge sensors, data links, and control software to detect, track, and defend against threats; its unmanned underwater vehicles perform reconnaissance and mine countermeasures, while its cybersecurity and defense systems protect networks and critical infrastructure. Saab differentiates itself through its long history in military aviation, a portfolio that spans air, sea, and cyber capabilities, and a focus on integrated, turnkey defense solutions rather than consumer products. The company’s goal is to be a trusted global partner for governments, delivering reliable, comprehensive defense and security technology and services.

Company Size

10,001+

Company Stage

IPO

Headquarters

Stockholms kommun, Sweden

Founded

1937

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Simplify's Take

What believers are saying

  • Canada selected Saab-Bombardier GlobalEye on September 17, 2026, opening six-aircraft negotiations.
  • Saab’s Q2 2026 order intake reached SEK68.4 billion, with 30% organic growth.
  • GA-ASI flew MQ-9B with Saab LoyalEye on May 19, 2026, validating unmanned AEW.

What critics are saying

  • Saab booked a SEK200 million naval write-down after losing Sweden’s frigate program.
  • Ukraine’s SEK24.6 billion Gripen order stays unbooked until Q3 2026, delaying revenue recognition.
  • Execution risk remains existential: delayed submarine and fighter deliveries will compress margins and cash.

What makes Saab unique

  • Saab’s 2026 backlog hit SEK318 billion, anchored by Poland’s SEK47 billion submarine deal.
  • GlobalEye and Gripen combine airborne surveillance, fighters, and command systems across NATO customers.
  • Saab deepens proprietary C2 through Comand AI investment on June 17, 2026.

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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

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.