Saab AB
| Formerly |
|
|---|---|
| Company type | Publicly traded Aktiebolag |
| Nasdaq Stockholm: SAAB B OMX Stockholm 30 | |
| Industry | Aerospace and defence |
| Founded | 1937 in Trollhättan, Sweden |
| Founders | |
| Headquarters | Stockholm, Sweden |
Area served | Worldwide |
Key people | |
| Products |
|
| Revenue | 63.751 billion kr (2024) |
| 5.662 billion kr (2024) | |
| 4.210 billion kr (2024) | |
| Total assets | 99.823 billion kr (2024) |
| Total equity | 35.812 billion kr (2024) |
| Owner | Wallenberg family (38.9%; 47.7% votes) |
Number of employees | 24,500 (2024) |
| Subsidiaries |
|
| Website | saab |
| Footnotes / references | |
Saab AB (originally ⓘ, lit. 'The Swedish Aeroplane Corporation', acronym SAAB), with subsidiaries collectively known as the Saab Group (Swedish: Saabgruppen), is a Swedish aerospace and defence company primarily operating from Sweden. The company is headquartered in Stockholm, but its development and manufacturing operations are undertaken in Linköping.
The company was formally founded by AB Bofors in 1937, by reforming the aero engine division of company NOHAB (founded in 1930), located in Trollhättan, into a proper aircraft manufacturer. It would soon merge with aircraft manufacturer ASJA (founded in 1931), located in Linköping, in 1940, which had it own design bureau and is considered the spiritual predecessor to today's Saab AB. This formed the SAAB-concern, with the factory in Trollhättan becoming SAAB/T and the factory in Linköping (previously ASJA) becoming SAAB/L and design headquarters.
From 1947, Saab started producing automobiles, the automobile division being spun off as Saab Automobile in 1990, a joint venture with General Motors. The joint venture ended in 2000 when GM took complete ownership. From 1968 onwards the company was in a merger with commercial vehicle manufacturer Scania-Vabis, known as Saab-Scania. The two were de-merged in 1995 by the new owners, Investor AB. Despite the demerger, both Saab and Scania share the right to use the griffin logo, which originates from the coat of arms of the Swedish region of Scania.