Saab has developed its naval offering and will consolidate its naval operations into one business area. The new business area will be named Naval.
"We are consolidating and developing Saab’s naval offer to deliver greater value to our customers. By driving higher efficiency and accelerating innovation we are further strengthening our market position," President and CEO of Saab, Micael Johansson, stated.
The organisational change will take effect from 1 April 2026. This means that the operations of business area Kockums will be merged with the majority of the Naval Combat Systems unit, which currently forms part of business area Surveillance.
The new business area Naval will be led by Mats Wicksell who is currently head of business area Kockums.
Saab's naval operations are currently spread across several organisational units. Business area Kockums has developed and produced surface vessels, submarines and autonomous underwater vehicles.
Business unit Naval Combat Systems has developed and produced combat management systems, fire control systems and secure communications solutions, as well as providing integration of these.
The new business area Naval will now bring these operations together under one organisation.
To facilitate year-on-year comparisons, Saab will publish restated historical financial information well in advance of the interim report for January–June 2026. The restatement will not affect the Group's previously reported total revenues or results.