Saab receives order for ground-based air defence from Sweden
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
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Source: Yahoo Finance
Saab's New Order: Saab has secured a SEK 1.5 billion order from the Swedish Defence Materiel Administration for the RBS 70 NG mobile short-range air defence system, with deliveries expected between 2027 and 2028.
System Capabilities: The RBS 70 NG system includes advanced features such as an automatic target tracker and night sight, enabling it to effectively counter threats like aircraft, drones, and missiles at distances up to nine kilometers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
