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    SAAB B   SE0000112385

SAAB AB (PUBL)

(SAAB B)
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Delayed Quote. Delayed Nasdaq Stockholm - 01/20 11:29:33 am
234.4 SEK   -0.04%
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Saab : launches a new mobile high-mast solution for the Giraffe 4A radar

11/23/2021 | 06:30am EST

NEWS FROM SAAB

23 November 2021 CUE 21-063

Saab launches a new mobile high-mast solution for the Giraffe 4A radar

Saab launches a new mobile high-mast solution with the Finnish partner Conlog Oy, for fast and efficient deployment in order to meet modern threats of low altitude such as cruise missiles and Unmanned Aerial Vehicles (UAVs) in the battlefield of today.

The new mobile high-mast solution for Giraffe 4A* is designed to meet customer needs and handle forest environments with high obstacles as well as urban surroundings with large buildings disrupting the radar's line of sight.

"The unique combination of the system´s mobility, and the high- mast, gives the operators supreme capability and creates time to act," says Markus Borgljung, Vice President, Head of Radar Solutions, Business area Surveillance, Saab

The high-mast configuration is developed together with the Finnish partner Conlog Oy, a co-operation based on the companies' respective expertise to create a unique capability for the global market.

The research and development as well as the production will be located in both Sweden and Finland.

"Conlog has over 30 years of experience in developing mobile solutions for challenging environments and are pleased to be a part of this co-development product", says Markku Hellstén, Vice President Marketing, Conlog Oy.

*Giraffe 4A is a multifunctional medium to long-range AESA radar, fully adaptable for different missions with simultaneous capabilities. It provides an all-weather coverage against air targets from low, slow and small targets (UAVs), to fast moving fighters as well as hyper- and supersonic missiles, RAM targets and detection/tracking of jammer strobes. Giraffe

NEWS FROM SAAB

4A can support and designate a variety of GBAD solutions and missiles systems with its unique surveillance capabilities. With over 60 years of experience in building radars, this new solution will be a tactical benefit of flexibility for units in the field of operation.

The system gives a high accuracy and update rate combined with 360° monitoring of the air volume as well as advanced stop and stare capabilities.

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018 presscentre@saabgroup.com

www.saab.com

Twitter: @Saab

Facebook: @saab

LinkedIn: Saab

Instagram: Saab

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 18,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems.

Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

Disclaimer

Saab AB published this content on 23 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2021 11:29:03 UTC.


ę Publicnow 2021
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Sales 2021 38 889 M 4 217 M 4 217 M
Net income 2021 1 981 M 215 M 215 M
Net Debt 2021 2 944 M 319 M 319 M
P/E ratio 2021 15,8x
Yield 2021 2,18%
Capitalization 30 865 M 3 385 M 3 347 M
EV / Sales 2021 0,87x
EV / Sales 2022 0,80x
Nbr of Employees 18 026
Free-Float 62,2%
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Number of Analysts 5
Last Close Price 234,40 SEK
Average target price 323,80 SEK
Spread / Average Target 38,1%
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Micael Johansson President, Chief Executive Officer & Director
Christian Carl Peter Luiga Chief Financial Officer & Deputy CEO
Marcus Wallenberg Independent Director
Petter Bedoire Chief Technology Officer
Joakim Westh Independent Director
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