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Saab Group offers military defence and civil security products. The group conducts operations on every continent though its six business segments. The Dynamics segment focuses on various weapon systems (support weapons, missiles, Remotely Operated Vehicles, and signature management systems). The Aeronautics segment develops civil and military aviation technology, such as the Gripen and Unmanned Aerial Systems. The Electronic Defense Systems segment specialises in naval, land-based and airborne systems together with radar and signals intelligence. The Security and Defense Solutions segment provides high-tech communications and intelligence solutions. The Support and Services segment helps the company’s customers worldwide. Headquartered in Sweden, Saab trades on the NASDAQ Stockholm under the SAAB ticker. Stay tuned to the latest Saab share price swings with Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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