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Sweden's Saab Triples Q3 Orders to $6.6 Billion, Led by 16 Gripen E Fighters for Ukraine
Saab's third-quarter 2026 order intake more than tripled to SEK 65.8 billion, led by a SEK 24.6 billion contract for 16 Gripen E fighters for Ukraine. Major awards also included SEK 10.1 billion for two GlobalEye airborne early warning aircraft for an undisclosed customer and SEK 8.7 billion for German frigate systems and sensors. Quarterly sales reached SEK 20.6 billion, with organic growth of 30.6 percent, while operating profit rose 42 percent to SEK 1.9 billion. Operational cash flow increased to SEK 6.8 billion as Saab continued expanding production capacity to meet its growing backlog.