Saab B, SE0021921269

Saab B stock gets major Swedish frigate contract

Published on 11/06/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saab B stock gets a Naval Group contract for Sweden's frigates. Deliveries of sensors and combat systems are scheduled for 2027 to 2034.

Saab wins naval systems contract

Saab will equip four Swedish FDI frigates ordered through France's Naval Group.
The package includes sensors, fire-control systems, weapons and naval radar.
Deliveries are scheduled across a multi-year period from 2027 to 2034.
Saab's investor relations page lists an order backlog of SEK 364 billion as of September 30, 2026.

Saab B, SE0021921269, Illustration mit AI erstellt.

Saab said on Friday, November 6, that it had signed an agreement with France's Naval Group to deliver and integrate fire-control systems and sensors for four FDI frigates ordered by Sweden. Affärsvärlden reported an order value of approximately SEK 2 billion.

Systems span weapons and radar

The contract covers a broad naval equipment package. It includes fire-control systems, the RBS15 anti-ship missile, torpedoes, the Trackfire weapon station and the Sea Giraffe 1X radar.

Deliveries are scheduled from 2027 to 2034. Mats Wicksell, head of Saab's Naval business area, said the agreement would provide Sweden with integrated capabilities to detect, deter and manage threats above and below the surface while addressing asymmetric maritime threats.

Long delivery horizon supports visibility

For investors, the agreement adds a multi-year execution program to Saab's naval business. The delivery schedule spreads the industrial activity across several years rather than concentrating it in a single reporting period, while the breadth of the package gives Saab exposure to sensors, weapons and combat-management functions on the same platform.

Saab's investor relations page lists an order backlog of SEK 364 billion as of September 30, 2026. The company has also highlighted growing customer demand in its third-quarter investor materials, placing the frigate program within a broader defense procurement cycle.

Saab stock traded at 54.50 euros on Lang & Schwarz at 11:32 CET on Friday, November 6.

Investors can follow the real-time quote of Saab B stock alongside developments in the naval program.

Swedish equities are tracked through the OMXS30 index.

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