Saab receives order from FMV for further work on future concept
Rhea-AI Summary
Saab (SAABY) has received an order from the Swedish Defence Materiel Administration (FMV) for continued concept work on a future fighter system, with an order value of approximately SEK 2.9 billion and a contract period running from 2026 to 2028, plus options for 2029 and 2030.
The contract covers further development and demonstration of new technologies using flying and ground-based demonstrators, advanced studies and future system concepts for both manned and unmanned systems. The programme is intended to strengthen Sweden’s national capabilities in systems integration, autonomy, signature adaptation, propulsion, digital development and future production, while building competence, reducing technical risks and preserving future freedom of action in Swedish air combat capabilities. The order builds on contracts signed in 2024 and 2025.
Positive
- SEK 2.9 billion order value for future fighter concept work
- Contract runs 2026–2028 with options for 2029–2030
- Order builds on prior 2024 and 2025 contracts, indicating continuity
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STOCKHOLM, Sept. 9, 2026 /PRNewswire/ -- Saab has received an order from the Swedish Defence Material Administration (FMV) for continued concept work on future fighter system. The order value is approximately SEK 2.9 billion. The contract period is 2026-2028, with options for 2029 and 2030.
The contract is to further develop and demonstrate new technologies for future fighter system.
The work includes flying and ground-based demonstrators, advanced studies and the development of future system concepts for manned and unmanned systems.
The programme strengthens Sweden's national capabilities in systems integration, autonomy, signature adaptation, propulsion, digital development and future production capabilities. The work also contributes to building competence, reducing technical risks and creating freedom of action for future choices in Sweden's air combat capabilities.
"We are very pleased that FMV continues to show confidence in Saab through this new contract. The work is crucial to further develop and demonstrate new technologies that will be central to future fighter system," says Lars Tossman, head of Saab's business area Aeronautics.
The order builds on the contracts signed in 2024 and 2025.
Contact
Saab Press Centre
+46 (0)734 180 018
presscentre@saabgroup.com
Saab is a leading defence and security company with an enduring purpose, to help nations keep their people and society safe. Empowered by its 29,000 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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SOURCE Saab