Saab AB

Saab AB
Formerly	SAAB/Saab AB (1937–68); Saab-Scania (1968–95);
Company type	Publicly traded Aktiebolag
Traded as	Nasdaq Stockholm: SAAB B
Industry	Aerospace and defence
Founded	1937 in Trollhättan, Sweden
Founders	Marcus Wallenberg Jr.; Axel Wenner-Gren; Sven Gustaf Wingqvist;
Headquarters	Stockholm, Sweden
Area served	Worldwide
Key people	Marcus Wallenberg (Chairman); Micael Johansson (President & CEO);
Products	Air traffic control; Air traffic control systems; Fighter aircraft; Military aircraft; Military systems; Radars;
Revenue	42.006 billion kr (2022)
Operating income	3.274 billion kr (2022)
Net income	2.283 billion kr (2022)
Total assets	72.365 billion kr (2022)
Total equity	29.876 billion kr (2022)
Owner	Wallenberg family (38.9%; 48.3% votes)
Number of employees	19,002 (2022)
Subsidiaries	Saab Aircraft Leasing; Saab Sensis Corporation;
Website	saab.com
	Footnotes / references;

Saab AB (originally Svenska Aeroplan Aktiebolaget^ⓘ, lit. 'The Swedish Aeroplane Corporation', acronym SAAB), with subsidiaries collectively known as the Saab Group (Swedish: Saabgruppen), is a Swedish aerospace and defense 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 todays 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.

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