Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  SAAB    SAAB B   SE0000112385

SAAB (SAAB B)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Saab : Receives Order for Self-Protection Systems for India's Dhruv Helicopter

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/08/2018 | 04:12am EST

Saab has received a follow-on order from Hindustan Aeronautics Limited (HAL) for the IDAS-2 self-protection suite for the Indian Army's Dhruv helicopter. The order amounts to approximately MSEK 350.

The order includes the IDAS-2 (Integrated Defensive Aids Suite) and the production will take place at Saab's facility in Centurion, South Africa. Deliveries will begin during 2019.

'This follow-on order confirms our successful partnership with HAL and further establishes Saab as a local partner to the Indian industry,' says Anders Carp, head of Saab business area Surveillance.

IDAS is designed to provide platform self-protection for rotary and fixed wing aircraft in sophisticated, diverse and dense threat environments. It has achieved outstanding operational success with a growing list of customers in Europe, Asia, Africa and the Middle East. The product is in operational use in many countries on helicopters, commercial transport aircraft as well as fighters.

'The system has a long and successful history with proven capability on many airborne platforms. This order strengthens our position as a supplier of high-tech systems to the Indian Armed forces,' says Trevor Raman, head of Saab Grintek Defence.

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018

presscentre@saabgroup.com

www.saabgroup.com

www.saabgroup.com/YouTube

Follow us on twitter: @saab

Saab serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers' changing needs.

Disclaimer

Saab AB published this content on 08 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 August 2018 08:11:05 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAAB
01/18SAAB : Signs Support Contract for Land-based Radars with the UK
AQ
01/15SAAB : Launches Laser Warning System for Land and Naval Applications in U.S. Mar..
PU
01/15SAAB : to Deliver Communication System to Norwegian Coast Guard Vessels
AQ
01/14SAAB : Receives RBS 70 NG Order from the Brazilian Army
AQ
01/11SAAB : Royal Danish Army Orders Camouflage from Saab
AQ
01/10SAAB : at Aero India 2019
PU
01/09SAAB : New oxygen and anti-g system in Gripen E tested
PU
01/07SAAB : Receives U.S. Government Order for Carl-Gustaf Ammunition
AQ
01/03SAAB : Second GlobalEye Takes to the Sky
AQ
2018SAAB : Change in number of shares and votes in Saab
AQ
More news
Financials (SEK)
Sales 2018 33 261 M
EBIT 2018 2 333 M
Net income 2018 1 320 M
Debt 2018 5 401 M
Yield 2018 1,59%
P/E ratio 2018 29,09
P/E ratio 2019 17,78
EV / Sales 2018 1,41x
EV / Sales 2019 1,32x
Capitalization 41 600 M
Chart SAAB
Duration : Period :
SAAB Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SAAB
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 8
Average target price 410  SEK
Spread / Average Target 32%
EPS Revisions
Managers
NameTitle
Kurt Ove Håkan Buskhe President, Chief Executive Officer & Director
Marcus Wallenberg Chairman
Magnus Örnberg Chief Financial Officer & Executive Vice President
Jacques Pontus Gilbert de Laval Chief Technology Officer
Sten Erik Jakobsson Deputy Chairman
Sector and Competitors
1st jan.Capitalization (M$)
SAAB1.27%4 608
UNITED TECHNOLOGIES CORPORATION5.91%98 339
LOCKHEED MARTIN CORPORATION8.03%80 455
GENERAL DYNAMICS5.41%49 078
RAYTHEON7.86%47 072
NORTHROP GRUMMAN CORPORATION7.83%46 487