France announces intention to procure GlobalEye from Saab

Saab (SAABY) has signed a joint declaration of intent with France's defence procurement agency (DGA) for the potential sale of GlobalEye Early Warning and Control aircraft.

Rhea-AI Summary

Saab (SAABY) has signed a joint declaration of intent with France's defence procurement agency (DGA) for the potential sale of GlobalEye Early Warning and Control aircraft. The agreement, signed at the Paris Air Show, outlines France's intention to procure two GlobalEye aircraft with an option for two additional units. GlobalEye is an advanced multi-domain AEW&C solution featuring active and passive sensors for long-range detection across air, land, and sea domains. The system provides real-time information to military forces, enhancing situational awareness and early threat detection. While the final contract is expected to be finalized in the coming months, no formal order has been placed yet. The deal would allow France to maintain sovereign control of its airborne early warning and control capability.

Positive

• Potential major defense contract with a NATO member country
• Agreement includes option for two additional aircraft beyond initial two units
• Deal would expand Saab's presence in the French defense market
• Demonstrates strong market validation for GlobalEye technology

Negative

• No formal contract or order has been signed yet
• Final procurement process and negotiations still pending
• Exact financial terms not disclosed

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STOCKHOLM, June 18, 2025 /PRNewswire/ -- Saab and the French defence procurement agency, Direction générale de l'armement (DGA), have today signed a joint declaration of intent regarding the sale of Saab's GlobalEye Early Warning and Control (AEW&C) aircraft to France, including ground equipment, training and support. 

The joint declaration of intent, which was signed today at the Paris Air Show, includes DGA's intention to procure two GlobalEye aircraft from Saab. The joint declaration of intent also includes an option for DGA to purchase two additional aircraft.

A final notification process to complete the procurement will now follow. The DGA has stated that a contract is expected to be finalised in the coming months. The parties have not yet entered into a contract and Saab has not yet received an order for GlobalEye from France. 

"We welcome today's announcement by France about the intention to procure GlobalEye, which will enhance the French Armed Forces' situational awareness and threat detection across the air, land and sea domains. Our solution will enable France to maintain full sovereign control of its airborne early warning and control capability," says Micael Johansson, President and CEO of Saab.

GlobalEye is an advanced multi-domain AEW&C solution with an array of active and passive sensors that provide long-range detection and identification of objects in the air, at sea and over land. By providing real-time information to air forces, armies and navies, GlobalEye enables enhanced situational awareness of the surrounding areas and early detection of threats. 

Contact

Saab Press Centre
+46 (0)734 180 018
presscentre@saabgroup.com

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 25,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

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https://news.cision.com/saab/r/france-announces-intention-to-procure-globaleye-from-saab,c4165705

The following files are available for download:

https://mb.cision.com/Main/183/4165705/3513973.pdf	France announces intention to procure GlobalEye from Saab
https://news.cision.com/saab/i/saab-globaleye-airborne-early-warning-and-control-aircraft,c3419803	Saab GlobalEye Airborne Early Warning and Control aircraft

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the GlobalEye deal between Saab and France?

France's DGA has signed a declaration of intent to procure two GlobalEye Early Warning and Control aircraft from Saab, with an option for two additional units. The final contract is expected in coming months.

What capabilities does Saab's GlobalEye aircraft offer?

GlobalEye is a multi-domain AEW&C system with active and passive sensors that provide long-range detection and identification of objects in air, sea, and land, offering real-time information and enhanced situational awareness.

When will Saab (SAABY) deliver the GlobalEye aircraft to France?

The delivery timeline has not been announced as the final contract has not yet been signed. The procurement process is still ongoing with contract finalization expected in the coming months.

How many GlobalEye aircraft does France plan to purchase from Saab?

France intends to initially purchase two GlobalEye aircraft, with an option to acquire two additional units, potentially totaling four aircraft.

What is the value of the Saab GlobalEye deal with France?

The financial terms of the potential GlobalEye procurement have not been disclosed in the announcement.