“Saab remains committed to leading the way in an uncertain geopolitical security landscape,” said Micael Johansson, President and CEO of Saab. “Going forward, we will continue to scale up our operations and will accelerate the development of future capabilities.”
Saab confirmed it is well-positioned to take advantage of market opportunities while fulfilling a robust order backlog. Johansson added, “This is a solid foundation for long-term growth and sustainable value creation.”
To meet increasing demand, Saab will expand production capacity through industrialisation and automation supported by resilient supply chains. These efforts aim to strengthen delivery performance across all core operations.
The company will pursue focused market expansion, concentrating on core portfolio areas using a multi-domestic strategy in key markets. Strategic partnerships and mergers and acquisitions (M&A) will further enhance Saab’s market position and technological edge.
In terms of innovation, Saab is accelerating work on air and naval autonomy, AI-based command and control, distributed sensors, and advanced weapon systems. The company’s digital transformation will centre on software-driven, data-centric, and AI-based technologies.
Saab is also emphasising the importance of its workforce as a driver of future success. With strong growth in Sweden and internationally, Saab has become Sweden’s largest employer of engineers, maintaining a strong cultural focus to empower staff.
The company reaffirmed its medium-term financial targets for 2023–2027, which were last updated in February 2025. These include organic sales growth of around 18% (CAGR), operating income growth above sales growth, and operational cash flow conversion of at least 60% over the five-year period.
