Member news

23 Jan 2017

Saab Expands Partnership with Akaer in Brazil

Defence and security company Saab has acquired another 10 per cent of shares, reaching 25 per cent of stakes, in Akaer, one of the largest companies within development of aeronautical projects in Brazil. In conjunction with the expansion of the Saab-Akaer partnership, Akaer acquires 100 per cent of the shares of the Space and Defense …

11 Jan 2017

GKN Aerospace and Swedish FMV extend agreement for Gripen RM12 Engine

(2017-01-10) GKN Aerospace has gained a three year contract extension worth over USD$175M, covering the technical product support, maintenance and parts supply for the Gripen RM12 Engines used in Sweden, Hungary, Czech Republic and Thailand. The Performance Based Logistics (PBL) agreement, with the Swedish Defense Materiel Administration (FMV) extends the company’s existing work on this …

9 Jan 2017

BAE Systems to deliver vehicle mounted mortar systems to Swedish Army

BAE Systems has received a 575 million SEK ($68 million) contract for the installation of vehicle mounted mortar systems on Swedish Army CV90 Infantry Fighting Vehicles. The installation of the company’s mortar system, known as Mjölner, on 40 CV90s will considerably increase the indirect fire capability of the vehicles to support mechanized battalions. “The delivery …

9 Jan 2017

Dutch CV90s first NATO combat vehicles to receive active protection

(161223) BAE Systems has received a contract from the Netherlands for the testing and verification of Active Protection Systems (APS) on its CV90 Infantry Fighting Vehicles. Active Protection is an advanced solution consisting of countermeasures that can intercept incoming rocket-propelled grenades, anti-tank missiles, and other threats to increase crew and vehicle survivability. BAE Systems, the …

5 Jan 2017

Combitech to be majority shareholder in Norway’s Watchcom

The technology consultancy firm Combitech has reached an agreement to acquire a majority stake in the Norwegian cyber security company, Watchcom. Through this acquisition, Combitech will strengthen its position as a forerunner in the Cyber Security sector in the Nordic region and will expand its operations in Norway. Combitech, an independent subsidiary of the defence …

8 Dec 2016

Saab Grintek Defence Wins South African Exporter Award 2016

Defence and security company Saab’s local South African defence and security company Saab Grintek Defence (SGD) was once again awarded the Exporter Award at the 4th annual SA Premier Business Awards held in Johannesburg, on 6 December 2016. The SA Premier Business Awards acknowledges business excellence in South Africa and is organised by the Department …

21 Nov 2016

Marine Jet Power Announces New Executive Leadership

(Uppsala 2016-11-18) Magnus Sörenson has been appointed new CEO of Marine Jet Power, starting on 1 December 2016. He succeeds former interim CEO Stefan Tingström. Magnus joined Marine Jet Power in January 2016 as EVP Sales & Marketing. He is Naval Architect (M.Sc.) and has over 15 years’ experience within shipbuilding, shipping and defence. His …

21 Nov 2016

Saab Receives Upgrade Orders for U.S. Army Training Systems

Defence and Security company Saab has received three orders from the U.S. Army Program Executive Office of Simulation, Training and Instrumentation (PEOSTRI). Saab will now provide OSAG 2.0 interoperability upgrades for the U.S. 7th ATC’s Deployable Instrumentation System – Europe (DISE) and the Combat Vehicle Tactical Engagement Simulation System (CVTESS) to meet U.S. Army and …

19 Oct 2016

Saab Receives Order from SIMMAD for Giraffe AMB Spares and Support Contract

Defence and security company Saab has signed a contract with SIMMAD (integrated structure for the operational maintenance of the aeronautics equipment of the French Ministry of Defence) for spare parts and support contract for Giraffe AMB. The contract is for an ordering period of 17 months and a performance period of 34 months, commencing on …

17 Oct 2016

Saab Presents Its Underwater Warfare Solutions at Euronaval

Defence and security company Saab displays its wide range of underwater warfare solutions at Euronaval 2016 in Paris. With new systems and technology, Saab is ready for the underwater challenges of the 21st century. The underwater challenges facing modern navies are becoming increasingly broad and complex: mines, improved explosive devices (IEDs), acts of terrorism, and …

12 Oct 2016

Saab at Euronaval 2016

Defence and security company Saab displays its broad range of naval capabilities at Euronaval 2016, Paris together with daily mini talks and press briefings at the Saab stand, F8-G9. Saab’s leading naval technologies are based on centuries of experience and are always at the forefront when anticipating future needs. They enable forces to counter any …

29 Sep 2016

4C Strategies signs military contract worth 5 MUSD

4C Strategies have received an order with a total value of 5 MUSD to support a NATO nation military client. Exonaut™, 4C Strategies’ unique training capability development solution, will enable evidence-based decision making whilst delivering significant savings and providing a transparent view of training readiness to the client. Leader in military training capability development 4C …