Saab combines US operations into new company

Saab combines US operations into new company

SHARE

US: Sweden’s Saab announced a major reorganisation of its United States operations, as it seeks to take a greater bite out of the US defense pie and partner with American companies hoping to sell their wares abroad.

Saab has set up Saab Defense and Security USA, the consolidation of the former US subsidiaries Saab Training USA, Saab Barracuda, Saab Support and Services and the defense elements of Saab Sensis Corp., which markets radars and sensors to both the military and commercial markets.

The new company will be Saab’s main corporate face in America and will operate under a special security agreement with the US Department of Defense, Saab officials said. Saab North America will still represent the global Saab company, but Saab Defense and Security USA will be US based and US managed and will compete as both a prime defense contractor and partner to other top-level contractors.

John Ballenger, head of communications for Saab North America, said the move builds on three years of increasing company involvement in the U.S. defense market. Although it is facing a budget squeeze “it’s still a large market, and we think we have a lot of value to add. … If we can gain 1 or 2 percent of that market, that’s great for Saab globally.”

Source: AUVSI