News Digest / Ticker: SAABY

Ticker: SAABY

08:30am, Tuesday, Jul 29, 2025

Boeing, Saab, and BAE Systems in Early Talks to Replace UK's Iconic Hawk Trainer Jet

Boeing, Saab, and BAE Systems are in early talks to develop a successor to the UK's aging Hawk trainer jet, aiming to modernize the fleet and tap into a growing defense market with a potential high-profile contract.

03:03am, Friday, Jul 19, 2024

Saab Surpasses Earnings Expectations as Global Defence Demand Soars, Order Bookings Surge 176%

Swedish defence firm Saab (STO: SAAB) posted a 25% rise in Q2 operating profit, surpassing expectations with 1.33B crowns ($125M). Driven by a record 176% surge in order bookings and growing global defence demands, Saab forecasts 15-20% organic sales growth for 2023.