Saab announces that its sales for full year 2024 is expected to be approximately SEK 63.8 billion (51.6), corresponding to an organic sales growth of 23.4%. Saab has previously communicated the organic sales growth outlook to be at the upper end of the range of 15-20% for the full year 2024.

Saab sees high demand for the passive EW sensor Sirius Compact. As a result, the sensor will enter into volume serial production and Saab will be opening a new production facility in Tampere in 2025.

Saab has signed a contract with the Swedish Defence Materiel Administration regarding the modernisation of Sweden’s coastal anti-ship missile capability. The total order value is SEK 800 million and deliveries will begin in 2026. The majority of the order intake was booked in the third quarter of 2024.