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This Sweden company bags 100% FDI in India's defence projects: Report | Mint
Saab FFV India has been registered and will make the latest generation of the Carl-Gustaf M4 system. The facility of Saab is likely to come up in Haryana. The shoulder-fired rockets are used by Indian armed forces extensively.
This Sweden company bags 100% FDI in India's defence projects: Report | Mint Saab FFV India has been registered and will make the latest generation of the Carl-Gustaf M4 system. Currently, India allows only 74% FDI in the defence sector under the automatic route.
DEA agent leaked secret information about Maduro ally... The leak, not previously made public, marks yet another embarrassing case of high-profile agent misconduct. Saab has become a cause célèbre among allies of President Nicolas Maduro.
Europe's biggest defence firms soar as wars rage Shares in BAE Systems rose 10% last week, similar gains at Saab, Rheinmetall, Thales and Leonardo. Since start of 2022, these stocks have risen by between 93% and over 200%
Family of literary legend John Steinbeck auctioning off personal items The one-off 1997 Saab 900 EX prototype built to celebrate the brand's 50th birthday will cross the auction block on October 8, 2023, in Belgium.
Share prices of Western military contractors shoot up after Israel violence Stocks of major US defense contractors jumped amid the conflict. Lockheed Martin, the maker of HIMARS rocket launchers, and Northrop Grumman Corp added 8.3% and 10.6%, respectively. Among leading defense stock gainers were shares of the Swedish aircraft manufacturer Saab.
Brazil to negotiate sale of Embraer C-390 aircraft to... Brazil is eyeing the sale of three or four C-390 aircraft to Sweden. The Nordic nation wants to sell more Saab Gripen fighter jets to Brazil. The move comes after Austria selected Brazilian planemaker Embraer's C- 390.
Brazil to negotiate sale of Embraer C-390 aircraft to Sweden Brazil is eyeing the sale of three or four C-390 aircraft to Sweden. The Nordic nation also wants to sell more Saab Gripen fighter jets to Brazil. Austria this month selected Brazilian planemaker Embraer's C- 390 to replace its fleet of Hercules C-130s.
Saab wins expanded U.S. contract for anti-armour system The U.S. Department of Defense has expanded a framework deal for AT4 anti-armour systems and Carl-Gustaf ammunition. Saab placed a new order worth $104.9 million for delivery from 2024 to 2026.
Sweden to consider sending fighter jets to Ukraine, SR... Sweden is considering donating Gripen fighter jets to Ukraine to help it fight Russia. The government may formally ask the armed forces as early as Thursday to officially consider the issue. Ukraine hopes to receive one division of Gripen jets, made by Sweden's Saab.
Germany snubs France with new tank plan – media German arms manufacturers Krauss-Maffei Wegmann and Rheinmetall will work with Italy’s Leonardo and Sweden's Saab. The European Defense Fund will provide backing estimated at hundreds of millions of euros. Berlin has been pursuing a similar project with France since 2017.
Saab buys British artificial intelligence specialist BlueBear No financial details of the acquisition have been released. BlueBear had a turnover of £8 million, or $10 million, last year. Saab already has some experience with AI-related technology through its 9LV naval combat management system.
F-16 can change course of war in Ukraine Air Force spokesman Yurii Ihnat, spokesman for Air Force Command of the Armed Forces of Ukraine, on air during the national joint 24/7 newscast on 21 August. "We already have a decision (on training pilots and providing Western aircraft to Ukraine – ed.), and we are waiting for its implementation," he said. Ukraine plans to receive not only American F-16s but also other Western fighters, including the Swedish Saab JAS 39 Gripen.
There’s A Good Reason Ukraine Also Wants Swedish Gripen Fighters: They Can Fly From Roads Ukrainian president Volodymyr Zelensky made the case for Stockholm to give away some of its Saab JAS 39 Gripen fighters. Roadway ops mitigate one of the big weaknesses of modern warplanes: their air bases. Ukraine would need more than 50 or 60 F-16s fully to reequip its air force.
Sweden should send Gripen fighter jets to Ukraine, opposition leader says Sweden earlier this year said it would give Ukrainian pilots the opportunity to test its Saab-made Gripen fighter. Swedish government has said it needs all its planes to defend Swedish territory. Sweden hopes to join NATO military alliance, but is awaiting ratification by Turkey and Hungary.
Alaska city declares air-service emergency after fatal crash | AP News The Unalaska City Council also passed a resolution that states the city wants to start organizing charter flights and selling seats at the basic cost. The city’s action came after the Oct. 17 crash of a Saab 2000 twin-engine turboprop that overran the runway. Alaska Airlines has canceled trips through Nov. 20.
Poland signs contract to buy 2 Swedish Saab 340 AEW-300 aircraft Poland is modernizing its armed forces as a result of the war in neighbouring Ukraine. Poland plans to spend around 4% of gross domestic product on defence this year. The early warning systems comprise the Saab 340 aircraft.
Defence group Saab raises sales outlook after Q2... Swedish defence equipment maker Saab reported on Thursday a 44% rise in second-quarter operating profit. Operating profit at Saab, maker of the Gripen fighter jet, was 1.06 billion crowns ($103.5 million)
Defence group Saab raises sales outlook after Q2 profits jump Operating profit at Saab, maker of the Gripen fighter jet, was 1.06 billion crowns ($103.5 million) The company said it now expected organic sales growth of 16-20% in 2023.
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