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Defence gear maker Saab raises sales outlook after Q1 profit jumps

STOCKHOLM (Reuters) -Swedish defence equipment maker Saab reported on Friday a 28% rise in first-quarter operating profit and raised its organic sales growth forecast on the back of strong demand amid Sweden's NATO accession. Operating profit at the maker of the Gripen fighter jet was 1.19 billion crowns ($109 million), compared with 928 million a year earlier. "We are doing very well in the market," CEO Micael Johansson told Reuters.

Sweden , United-kingdom , Stockholm , Britain , Swedish , Johan-ahlander , Micael-johansson , Anna-ringstrom , Lockheed-martin , Saab , Weden , Icael-johansson

Saab wins three-year extension to British Army live training contract

Instrumented Live Training (ILT-D) is an appended precision laser based tactical engagement system for vehicles, armoured platforms, heavy weapon systems and anti-tank weapons used in force-on-force exercises as part of collective training.

Catterick , North-yorkshire , United-kingdom , Sweden , Germany , Brecon , Powys , British , Swedish , Infantry-training-centre-in-catterick , British-army

Shares tread water ahead of ECB meeting and US inflation data

Iseq index shed 0.8% on Tuesday, dragged lower by banks and larger caps

United-kingdom , Ireland , New-york , United-states , Dublin , Gaza , Israel-general- , Israel , London , City-of , Irish , American

British Army Signs New Contract with Saab

Saab has inked a £60M deal with UK MoD for Live Simulation system support, ensuring advanced training capabilities.

Kenya , United-kingdom , Germany , Cyprus , Finland , Brecon , Powys , Catterick , North-yorkshire , Sweden , Estonia , Jordan

Saab Provides Training Support for Norwegian Defence

Saab has just secured SEK 190 million contract for Norwegian Combat Training Centre support until 2027.

Norway , Netherlands , Finland , Sweden , Norwegian , Joakim-alhbin , Norwegian-armed , Training-centre-in-rena , Norwegian-defence-materiel-organisation , Combat-training-centre , Norwegian-armed-forces , Armed-force

Could The Philippines Upgrade Its Air Force with Saab Gripens?

A report from the Singapore Airshow yesterday affirmed that the Philippines is close to entering negotiations to buy fighter jets from Sweden to bolster its defense.

United-states , Russia , Sweden , Japan , Indonesia , Singapore , Czech-republic , Malaysia , China , India , France , Brazil

nato: Hungary set to ratify Sweden's NATO bid on Feb 26 after long delay

Hungary's ruling Fidesz party has proposed a parliament vote to ratify Sweden's bid to join NATO on Feb. 26, a move it supports. Fidesz, with a majority in parliament, seeks to include the vote in the agenda. Sweden applied to join NATO nearly two years ago in response to Russia's invasion of Ukraine. Hungary, the last NATO member to approve Sweden's bid, will settle the dispute with Sweden. Swedish Defence Minister Pal Jonson welcomed Hungary's plans. Hungary may discuss deepening economic and defence cooperation with Sweden, including the leasing of Gripen fighter aircraft.

Budapest , Hungary , Russia , Sweden , Ukraine , Swedish , Pal-jonson , Peter-szijjarto , Ulf-kristersson , Viktor-orban , Defence-minister-pal-jonson

3D Perception Delivers Atlas Display System

3D perception has delivered multiple display systems which will be used by the Royal Thai and Brazilian Air Forces.

Brazil , Thailand , Brazilian , Thai , Atlas-northstar , Royal-thai-air , Brazilian-air , Royal-thai-air-force , Brazilian-air-force , Saab , 3d-perception , Ms-amp-t

Canada joins the RBS 70 club

The RBS 70 was developed in the 1970s to meet the Swedish Army’s requirement for a low-cost, easy-to-use MANPADS which could function in extreme climatic conditions. In 2011, Saab unveiled the RBS 70 Next Generation (NG), the first weapon of its type to employ laser beam-riding guidance.

Brazil , Lithuania , Canada , Czech-republic , Latvia , Pakistan , Sweden , Norway , Argentina , Argentine-republic , Canadian ,

The Ukrainians Are Tossing Their 90-Mile Glide-Bombs At The Russians

The first evidence of a GLSDB raid appeared online on Wednesday. Russian troops posted a video depicting a box of rocket fragments including a GLSDB’s tail section.

Russia , Ukraine , Kyiv , Kyyiv , Misto , Kreminna , Luhans-ka-oblast- , Sweden , United-states , Ukrainians , Ukrainian , Russians