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Year-End Report January-December 2016 CybAero AB (publ)

Year-End Report January-December 2016 CybAero AB (publ) Period: January–December 2016 • Net sales: SEK 2.9 million (SEK 4.8 million) • EBITDA: SEK -75.5 million (SEK -61.1 million) • Operating loss: SEK -86.8 million (SEK -72.5 million) • Loss after tax: SEK -91.3 million (SEK -74.0  million) • Earnings per share: SEK -2.50 (SEK -2.53) • …

Saab at LIMA 2017

Defence and security company Saab will exhibit at the Langkawi International Maritime and Aerospace exhbition (LIMA 2017), in Langkawi, Malaysia, from 21 to 25 March. Please visit us at the Aerospace site, Chalet GC10, and the Maritime site, Chalet MC03. LIMA is a major international meeting place for the aerospace, defence and maritime sectors in …

New Head of Saab Market Area Asia Pacific, #Saabgroup

Defence and security company Saab has appointed Dean Rosenfield as new head of Market Area Asia Pacific from 1 January 2018. Dean Rosenfield is today the Managing Director of Saab Australia. In his present role, Dean has been working to grow and diversify the local business. Since taking over in March 2013 the Australian business …

4C Strategies providing Virtual Training to the British Army

4C Strategies has been chosen to be part of the delivery of the new Unit Based Virtual Trainer (UBVT) to the British Army. UBVT will enable units to collectively practice fire and manoeuvre, command and control, and tactics, techniques and procedures in a realistic synthetic Environment. Realistic synthetic training environment 4C Strategies will be an …

4C Strategies providing Virtual Training to the British Army

4C Strategies has been chosen to be part of the delivery of the new Unit Based Virtual Trainer (UBVT) to the British Army. UBVT will enable units to collectively practice fire and manoeuvre, command and control, and tactics, techniques and procedures in a realistic synthetic Environment. Realistic synthetic training environment 4C Strategies will be an …

Saab to Supply Wide Area Multilateration Systems to NATS in the UK

Defence and security company Saab has been selected to supply NATS, the United Kingdom’s leading provider of air traffic control services, with Wide Area Multilateration (WAM) equipment at two key sites in the UK. Saab will be providing two WAM systems, the first will provide coverage of the East Shetland Basin oil fields and the …

Saab on Display at World Air Traffic Management Congress 2017

Defence and security company Saab will be exhibiting its full range of air traffic management solutions at the World ATM Congress, 7 to 9 March 2017 in Madrid, Spain. Please visit us on Stand 305. Visit Saab’s stand to see and hear about our comprehensive range of air traffic management solutions including Integrated Tower, our …

New Managing Director of Kitron Sweden

(17.03.01) Kitron ASA announces the appointment of Stefan Hansson Mutas as Managing Director of its Swedish subsidiary Kitron AB effective today. Stefan Hansson Mutas comes with a wealth of relevant background from management positions at electronics and EMS companies, including Ericsson, Flextronics, Sanmina and Partnertech. His most recent position was as managing director of Duroc …

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 …

Marine Jet Power awarded repeat order for Korean Navy

Busan, Korea, 21st February 2017 Marine Jet Power has been awarded a repeat order to supply waterjets to another 3 units Patrol Killer Experimental (PKX-B) fast attack craft for the Korean Navy. Last year, South Korean shipbuilder Hanjin Heavy Industries and Construction (HHIC) launched the first unit which is currently undergoing sea trials. The propulsion …

Marine Jet Power awarded repeat order for Korean Navy

Busan, Korea, 21st February 2017 Marine Jet Power has been awarded a repeat order to supply waterjets to another 3 units Patrol Killer Experimental (PKX-B) fast attack craft for the Korean Navy. Last year, South Korean shipbuilder Hanjin Heavy Industries and Construction (HHIC) launched the first unit which is currently undergoing sea trials. The propulsion …

Marine Jet Power wins contracts for Korean Coast Guard

Marine Jet Power has been awarded two new contracts to supply waterjets for another 8 units 500T Patrol Vessels for the Korean Coast Guard. 5 vessels to be built by Hanjin Heavy Industries & Construction and 3 vessels to be built by Kangnam Corporation. The propulsion system comprises a MJP 950 double drive and MJP …