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Svenska Aeroplan AB

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SAAB AB
Saab Logo
Type Public (Template:OMX)
Founded 1937
Headquarters Template:Country data Sweden Stockholm, Sweden
IndustryAerospace
Revenue€2,070 million EUR
Operating income€177 million
Net income€129 million
Employees12,830 (2005)
Websitewww.saabgroup.com

SA AB is an aviation, defense and car manufacturing company based in Sweden and founded in 1937 in Trollhättan. Its name was an acronym for Svenska aeroplan aktiebolaget (Swedish Aeroplane Limited), thus written as "SAAB". In 1939 Saab merged with the Linköping based ASJA and the headquarters moved to Linköping. During changes in company ownership in the 1990s, the company name became SAAB AB.

Originally manufacturing airplanes, the company sought ways in which to diversify its business and in the late 1940s started to manufacture Saab Automobiles. The automobile division was based in Trollhättan. The first car was the Saab 92001 on June 10, 1947. The company soon developed a reputation for safe and reliable automobiles, with a notable competition history.

In the late 1950s Saab ventured into the computer market with DataSAAB.

In 1969 SAAB merged with the truck maker Scania-Vabis, and between 1969 and 1995 the company was called Saab-Scania AB. General Motors bought 51 percent of the automobile division Saab Automobile in 1990, and acquired the rest a decade later.

Ownership

Since 1998 the British aerospace company BAE Systems has been the largest shareholder in Saab following its acquisition of a 35% stake from Investor AB by its predecessor, British Aerospace. In January 2005 BAE reduced its shareholding to 20%, which it views as a long term interest. Investor AB also maintains a 20% share.

Organization

Defence and Security Solutions

  • Saab Aerotech, Integrated support solutions, technical support for aircraft ground systems and servicing of Saab aircraft.
  • Saab Communication, Integrated communication solutions for defense and civil security.
  • Saab Grintek (70.3%), Tactical communications.
  • Saab Systems, Decision support systems.
  • Saab Surveillance Systems, Integrated airborne early warning systems.
  • Combitech, Consultancy services.

Systems & Products

Aeronautics

Aircraft

File:Crossair Europe - 001.jpg
Crossair Europe SAAB 340B
File:Saab.jas39c.gripen.taxi.arp.jpg
SAAB JAS 39C Gripen of the Czech Air Force
SAAB-340 Erieye

The main focus of aircraft production is fighter aircraft, with the recent JAS 39 Gripen as the main model. SAAB has been making airplanes since the 1930s, and the purely jet predecessors to the Gripen were the Tunnan, the Lansen, the Draken and the Viggen. The last civilian models made by SAAB were the Saab 340 and Saab 2000. Both were mid-range, turboprop-powered, passenger planes. The development and the manufacturing of these airplanes takes place in Linköping, Sweden.

In 1995 SAAB Military Aircraft and British Aerospace (now BAE Systems) formed the joint venture company SAAB-BAe Gripen AB, with the goal of adapting, manufacturing, marketing and supporting Gripen internationally. This co-operation was extended in 2001 with the formation of Gripen International for the same purpose.

BAE designed an improved wing, which they then manufactured and are set to produce 45% of export airframes. SAAB Military Aircraft is responsible for the overall "aircraft system" including basic aircraft development and production, and testing and delivery.

File:340Akdk.jpg
Regional Express SAAB 340A (The first ever 340 to fly in the Southern Hemisphere)
SAAB 2000

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This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Svenska Aeroplan AB".