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#20Largest Defence Co · 2026

Saab AB

Sweden's defence prime — Gripen, GlobalEye, and the Carl Gustaf line.

Defence Revenue
$6.0B
HQ
Sweden
Founded
1937
Employees
~22,000
Listing
STO: SAAB-B

Overview

Saab is much smaller than the top-tier primes at around USD 6 billion but punches well above its weight. The JAS 39 Gripen E/F, the GlobalEye AEW&C platform, the Carl Gustaf line that became unexpectedly central to Ukraine support, NLAW anti-tank weapons, and the A26 submarine programme give Saab a stronger order book than the company has had at any point in its modern history.

Recent Strategic Moves

GlobalEye AEW&C orders from France and Korea expected. Carl Gustaf M4 demand at all-time high. Gripen E deliveries to Brazil and Sweden continuing.

Flagship Products & Programmes

JAS 39 Gripen E/FGlobalEye AEW&CCarl Gustaf M4NLAWA26 Blekinge submarine

Business Categories

Combat AircraftAEW&CSubmarinesAnti-Tank