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Kitron: Q2 2017 – Strong growth and milestone EBIT margin of 7%
(2017-07-13) Kitron ASA today reported strong revenue growth and the achievement of an important margin goal in the second quarter. Kitron’s revenue in the second quarter amounted to NOK 649 million, a 16 per cent underlying growth compared to 563 million in the same quarter last year. Profitability expressed as EBIT margin was 7.0 per …
ÅAC Microtec and Spacemetric partner on smart downlinking of Earth observation data
Spacemetric and ÅAC Microtec have announced today their partnership on innovative technologies for smart downlinking of satellite Earth observation data. The new Bluestone technology will optimise the downlink of imagery from satellites to ground stations addressing the problem of handling the ever increasing volumes of data generated in space. Mikael Stern, Spacemetric’s CEO, commented “Bluestone …
Saab Opens a Centre in the UK for Future Combat Air
Saab is to create a new FCAS centre in the United Kingdom as a hub for our participation in the FCAS (Future Combat Air Systems) programme. Saab is committed to build a long term relationship with the UK related to FCAS by investing initially 50 MGBP. The UK and Sweden signed a MoU on FCAS …
Invitation to press and analyst meeting – presentation of Saab Group year-end report for 2014
Defence and security company Saab is pleased to invite to a press and analyst meeting, where CEO Håkan Buskhe and CFO Magnus Örnberg present the Saab Group 2014 year-end result. Date: Tuesday, 10 February at 10:00 (CET) Address: Grand Hôtel, Blasieholmshamnen 8, Stockholm, Sweden Venue: New York The report is published at 7.30 a.m. (CET) …
TactiCall System has quality and performance recognized by certification
Defence and security company Saab received an important certification for the TactiCall Dispatcher system. The solution, which integrates all control room communications, regardless of radios, frequency and hardware, was successfull in a test where it was used in conjunction with TETRA radio network of the Britain’s Airwave – the world’s largest private operator of public …
Saab receives ROV system order from FMV for the Swedish Navy
Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) for ten ROV systems (Remotely Operated Vehicle), which will be deployed operationally for seabed surveys, inspections, light underwater operations and recovery of objects. Saab will fulfil the deliveries using the Seaeye Falcon system, which is being adapted to meet …
Saab Skeldar UAS lands a further key ISR-capability
The latest addition to Skeldar’s ISR-capabilities is its integration with another fielded Saab product, the Multi-Sensor Intelligence Cell (MSIC). The MSIC is a flexible ground-based system developed by defence and security company Saab to collect, process, analyse and report intelligence data; providing the functional layers layers between airborne surveillance units and C4I systems. By integrating …
Saab issues 5 year Floating Rate Note
Defence and security company Saab (SAAB B) today issued a 5 year Floating Rate Note (FRN) under the existing Medium Term Note programme (MTN). The FRN amounts to MSEK 400, with maturity on 19 December 2019. The programme’s total size is SEK 3 billion and in total Saab has now issued SEK 2 billion under …
Launch: TC570 COM Express Type 6 Module
TC570 COM Express Type 6 Compact module from congatec, based on 11th Gen Intel® Core™ processor family, code name “Tiger Lake” A Small COM Express Type 6 Compact module based on 11th Gen Intel® Core™. The PCIe Gen 4 support gives massive bandwidth to external peripherals. The TC570 have a High-performance CPU/GPU compute with integrated …
Saab Signs Contract to provide Belgium with a Combat Training Centre
Saab has signed a supply contract with the Belgian MoD for the deliveries of training systems to the Belgian Army. The order value is approximately SEK 160 million and deliveries will take place in 2021. The contract includes providing a complete training centre with infantry simulators, anti-tank simulators, vehicle systems and communication systems for controlling, …
U.S. Air Force Selects Saab and Boeing T-X Trainer
The U.S. Air Force has awarded Boeing USD 9.2 billion for the development of a new advanced pilot training system that will help train fighter and bomber pilots for generations to come. Boeing is the designated prime contractor for the Advanced Pilot Training Program. Saab is a risk-sharing partner with Boeing in the development of …
Saab Simplifying Crisis Management for the Swedish Post and Telecom Authority
Saab has received an order from the Swedish Post and Telecom Authority (PTS) regarding the newly-developed information system Navet. In the event of a crisis, Navet provides government agencies with a situational overview of the status of broadband, fixed-line, and mobile telephone networks. Navet was developed by Saab in Växjö, Sweden, to compile information about …