Saab (SAABb.ST) and the French General Directorate of Armaments, Direction générale de l'Armement, have signed a contract regarding Saab's Next Generation Light Anti-tank Weapon. Deliveries are scheduled 2026-2030. The order includes NLAW weapons as well as indoor and outdoor trainers.
NLAW is Saab's combat proven anti-tank weapon used by nations including Sweden, the United Kingdom and Finland. Its smart guidance system means one soldier can take out any modern main battle tank with a single shot.
At last close, Saab shares were trading at 502.90 Swedish kronor, down 3.59%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.