Driving growth and profitability in Ground Combat
Ground Combat is one of Saab’s business units within business area Dynamics which in recent years have been a success story in the market.
Ground Combat is one of Saab’s business units within business area Dynamics, which has been a success story in recent years, showing a strong track-record in sales growth, market share gains and improved margins. Saab seeks to strengthen further through its “Program of record” position in markets in US and to be the customer’s first choice and preferred partner for dismounted support weapon systems. In 2020, Saab welcomed Norway as the 14th country to choose the latest generation of the Carl-Gustaf M4 for its armed forces. A key foundation for future success, as a market leader in this segment, is the possibility of building operations in Ground Combat outside of Sweden to increase capacity and drive growth and margins further.
Doubling sales and driving margin expansion
- Strong track record of sales growth in the last five years
Continued strong growth in 2020
- Strong profitability growth - double digit margins
- Strengthened market share
- Leading position in Europe, US and India within support weapons segment
- With an improved product offering and solutions, including C-G M4 and new ammunition, significant volume gains have been made since early 2010’s
A high quality customer base
- Serving more than 40 customers globally including being the US Army’s Program of record since 2013
- 14 customers have chosen the latest generation Carl-Gustaf M4 including Sweden, US, India, Australia and Canada
Potential to capture further market growth
- Increasingly unstable world resulting in re-focus on national defense
- Saab’s proven success and track record with its niche products
- Latest generation system adapted to meet emerging threats
- Strong understanding and ability to adapt to customers’ needs
- Strong focus on broadening the portfolio with partners and innovation
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