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  • Saab
    Box 70363 107 24 STOCKHOLM
    +46 734 18 00 18
    http://www.saab.com
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    New strategic partner to Saab in South Africa

    Investment holding company Sekunjalo Investment Ltd led by Chairman Dr M. Iqbal Survé becomes a new strategic partner to Saab AB and takes up a shareholding position in Saab South Africa (PTY) Ltd.Sekunjalo Investment Ltd is an African investment holding company, listed on the Johannesburg Stock Exchange, and a majority black-owned and black-controlled company with strong B-BBEE (Broad-Based Black Economic Empowerment) credentials. Sekunjalo Investment Ltd becomes a 25 percent shareholder in Saab South Africa (PTY) Ltd. Through the transaction Sekunjalo Investment Ltd acquires an up-

    Håkan Buskhe appointed new President and CEO of Saab

    The board of the defence and security company Saab has appointed Håkan Buskhe as new President and CEO. Buskhe will take up his position on 1 November 2010 at the latest.Håkan Buskhe is currently CEO of E.ON Sweden and President of E.ON Nordic, with operations in the Nordic countries and in Poland. He is 46 and holds a Master of Engineering from Chalmers University of Technology in Gothenburg. “In Håkan Buskhe, Saab will have a President with great experience of working in an international group. Buskhe has all the requirements needed to lead Saab in its development as an increasingly

    Saab's Lena Olving is Swedish business's most powerful woman

    Each year, the Swedish weekly magazine Veckans Affärer names the 125 most powerful women in Swedish business. At the top of this year's list is Lena Olving, chief operating officer for the defence and security company Saab."I'm both proud and honoured by the distinction," says Lena Olving, chief operating officer at Saab, and the year's most powerful woman in Swedish business. Veckans Affärer's list draws attention to an essential issue of the business world – gender equality. I hope that all of us on the list can serve as role models, both for career women and companies that need increased

    Åke Svensson resigns as President of Saab on September 1 and takes up a position as President of the Association of Swedish Engineering Industries

    Åke Svensson, President and CEO of the defence and security company Saab, is appointed President of the Association of Swedish Engineering Industries. He takes up his new position on September 1, 2010, and will remain as President and CEO of Saab until then.The recruitment of a new President and CEO for Saab begins immediately. The annual general meeting on April 15, 2010 will suggest that Åke Svensson remains a Member of the Board of Saab. ”Saab’s yearly export has more than doubled during Åke Svensson’s time as President, from just below SEK 8 billion in 2003 to SEK 17 billion in 2009.

    Saab – Results and summary January-December 2009

    Defence and security company Saab presents the result for 2009.Results January–December 2009: Order bookings amounted to MSEK 18,428 (23,212) and the order backlog at year-end amounted to SEK 39.4 billion (45.3 billion) Sales rose by 4 percent to MSEK 24,647 (23,796), also adjusted for divestments and exchange rate effects Gross income amounted to MSEK 6,137 (4,634), corresponding to a gross margin of 24.9 percent (19.5). Adjusted for non-recurring items, the gross margin was 24.6 percent (26.5) Operating income was MSEK 1,374 (166), corresponding to an operating margin of 5.6 percent (0.7).

    Saab presents the result for 2009

    Defence and security company Saab will make its result for 2009 public February 12 at 7.30 am. CEO Åke Svensson and CFO Lars Granlöf will present the result at a press and analysts meeting at 10.00 am the same day. Press and analysts meeting Friday February 12, 10.00 World Trade Center Conference Center, Stockholm (Entrance via Klarabergsviadukten 70 or Kungsbron 1) RSVP E-mail: annika.widell@saabgroup.com Fax: +46 8 463 01 52 Webcast If you are unable to participate in the press and analysts meeting, a live webcast will be available at Saab’s web site, www.saabgroup.com/en/

    Saab signs contract with United Arab Emirates for airborne surveillance system

    Defence and security company Saab has signed a contract for the sale of an airborne surveillance system to the United Arab Emirates (UAE). The contract is worth approximately 1.5 billion SEK.The contract covers two Saab 340 AEW (Airborne Early Warning) systems, comprising of the Saab 340 aircraft equipped with the advanced Erieye radar system. The contract also includes ground equipment as well as logistics and support services. Together with associated ground equipment, the system will provide a detailed situational picture that can be used in conjunction with, for example, border control

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