Saab CEO: We can sell 2,000 packages – Linköping – Corren.se

Saab presented its interim report Tuesday and announced at the same time its intention to raise 6 billion SEK in a new issue. The company recorded a pre-tax loss of SEK 103 million for the third quarter of 2018. This compares to a profit of SEK 333 million for the corresponding period of the previous year. Sales reached SEK 6,419 million compared to SEK 6,158 million. Orders reached SEK 4,519 million, compared to SEK 3 701 million a year earlier.

Saab's CEO, Håkan Buskhe, despite the loss, looks promising, especially because we know that the US Air Force orders 351 T-X skateboard aircraft. According to Buskhe, the order will be of great importance to Saab.

"This is a great recognition for Saab and our engineers.We have a product with Boeing that will be used by all the pilots of the US Air Force.It is almost so that you can pinch your arm. agreement will meet our growth objectives and profitability targets, says Saab CEO and continues:

"There is another thing that should not be underestimated: we will have a completely different relationship with our subcontractors because we will have a high volume product, which means that we hope to develop our relationships with subcontractors in one direction. In particular, we have a much closer relationship with the United States.

Saab and his partner Boeing see a huge market potential for T-X. In the long term, this can represent up to 2,000 aircraft.

"I make the same assessment as Boeing.The US has more than 1,000 copies of the T-38 T-38 to replace.It can act from the TX level in the US.Then I think that There is so much potential in the rest of the world.We are getting help from the US government for international sales.We must not underestimate.

The potential is therefore based on 2,000 aircraft?

– Yes, I think so with time. I make no other evaluation than Boeing. T-X is very similar to a fighter and can simulate different types of fighter jets. Training is a crucial issue to exploit the ability of future fighter jets. Many fighter jets, besides the Gripen, are very expensive to fly.

The deal is good for Saab, but is it also good for Linköping?

"Of course, even if the plan to be delivered to the US Air Force is to be manufactured in the US This creates economic conditions in the future, it creates further development of our capabilities. is incredibly important, I also think that Saab's vision changes when we start delivering high end airplanes to the US Air Force, and then you start another discussion with other potential customers regarding other products.

Why does Saab publish a new issue of 6 billion Swedish kroner?

"We have come a long way in the last few years and we are seeing continued strong demand for Saab products and systems, we have record order stock and we are doing it to support the continued growth of the company." The board offers something very shocking .

How is it to be president of Saab in this situation?

"It 's always fun to be Saab' s president, we have incredibly good employees and the atmosphere reigns in the company.The position of the airline is completely different and we are going to have it. use in the future.Saab is in a hurry, says Håkan Buskhe.

Saab's share in the first T-X deal is estimated at 25 billion SEK, according to TT.