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Tag Archives: Saab

Saab to Update USSOCOM’s Carl-Gustaf Weapon System; Gorgen Johansson Comments

Saab has won a potential five-year, $187 million contract with the U.S. Special Operations Command to supply new Carl-Gustaf weapon systems to the command. USSOCOM has placed a $14.3 million initial order for the portable weapon, Saab said Wednesday. The contract follows a previous deal between Saab and USSOCOM for …

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Saab Lands Army Live Training Comm Support Contract

Saab Defense and Security USA has won a potential $67 million contract to provide training systems to for radio communications in live training exercises at Joint Base Lewis-McChord in Washington and the U.S. Army Garrison in Grafenwoehr, Germany. The company said Tuesday that the order is part of the Live Training Transformation Interim Range System contract awarded by …

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Saab Forms Co-op with Nexter Munitions to Supply Weaponry to Roquette NG

Defense and security company Saab today announced that it had signed an agreement with Nexter Munitions to supply AT4 weaponry to the future French Roquette NG program. The anti-armor AT4, disposable shoulder-launched weapon system has been battle-tested time and time again in the warfare environments of today, effectively used against …

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Saab to Provide Air Surveillance Radar System to State Dept.

Saab has received an order from the U.S. State Department for its Giraffe AMB multi-mission radar system. Syracuse-N.Y. based Saab Sensis will help deliver program items between 2012 and 2013. The company said the Giraffe AMB can detect enemy threats from rocket, artillery and mortar attacks while simultaneously conducting air surveillance. …

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Saab Completes Acquisition of U.S. Sensor and Air Traffic Management Firm

Saab AB has finalized its acquisition of Sensis Corp., a radar, sensor and air traffic management firm. Saab paid $150 million in cash for the firm and could pay up to $40 million more in earn-out fees if the firm fulfills certain conditions by 2014 as its Saab Sensis Corporation subsidiary. …

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Saab to Acquire Sensis Corp, Expand North American Presence Through Radars, Sensors, Defense Systems

Saab AB has a definitive agreement to acquire air traffic management solutions and surveillance technologies firm Sensis Corporation for approximately $155 million in cash. Sensis will continue its U.S. operations as a subsidiary of the Saab group. The acquisition is expected to decrease Saab’s earnings per share in 2011. It …

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Saab, Tactical Communications Group to Collaborate on C4I Products, Expand Market Reach

Saab and Massachusetts-based Tactical Communications Group have signed a letter of intent to leverage Saab’s command and control products and capabilities with TCG’s comprehensive tactical data link solutions to expand each company’s market share in global defense market segments. The companies aim to quickly bring innovative new C4I solutions to …

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