Saab Profit Beats Forecast as Defense Orders Surge
businesscompany-earnings 3 posts · 2 accounts
Swedish defense contractor Saab posted a profit that beat forecasts as a broader defense boom spurred a surge in orders for the fighter jet manufacturer.
The company reported record contract wins, reflecting the direct impact of rising global military budgets on weapons makers and equipment sales.
From the sources (3 posts)
@reutersSaab profit beats forecast as defence boom spurs surge in orders
@cnbcSweden's Saab posts record orders as fighter jet maker cashes in on higher defense spending
@reutersSaab profit beats forecast as defence boom spurs surge in orders