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Saab year-end report 2024: Making steady progress on our profitable growth journey

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STOCKHOLM, Feb. 7, 2025 /PRNewswire/ — Saab presents the full-year results for 2024.

“I am pleased to report that Saab ended 2024 in a strong way. We delivered a better-than-expected organic sales growth, improved our operational performance and generated a positive cash flow. We achieved all this while investing significantly in expansion to meet higher customer demand and strengthening our market position. In the wake of the global geopolitical uncertainty, Saab is committed to being a reliable partner, supporting countries in building their defence capabilities and contributing to increased European defence capacity,” says Micael Johansson, President and CEO, Saab.

Key highlights Q4 2024

Order bookings for the fourth quarter amounted to SEK 17,556m (31,501), driven by small and medium-sized orders, resulting in an order backlog amounting to SEK 187bn (153).Sales in the quarter amounted to SEK 20,850m (16,122) with an organic growth of 29%, driven by all business areas.Sales and sales growth for the quarter and the full year was in line with the Q4 update provided on January 17, 2025.EBITDA increased to SEK 2,734m (2,032) with an EBITDA margin of 13.1% (12.6) in the quarter.EBIT increased 38% and amounted to SEK 1,953m (1,420), corresponding to a margin of 9.4% (8.8). Net income increased to SEK 1,442m (1,254) and earnings per share amounted to SEK 2.66 (2.27), an increase of 17%.Operational cash flow amounted to SEK 3,558m (3,691) and was driven by large customer payments in the quarter. Net liquidity position at the end of the period was SEK 2,211m compared to SEK 2,343m at year-end 2023.The Board proposes a dividend for 2024 of SEK 2.00 (1.60).Outlook for 2025: an organic sales growth between 12-16%, an EBIT growth higher than the organic sales growth and a positive operational cash flow.Updated medium-term targets 2023-2027: an organic sales growth of around 18% (CAGR), an EBIT growth higher than the organic sales growth and a cumulative cash conversion of minimum 60%.

Presentation of Saab’s Q4 and full-year 2024 results 

Saab’s CEO and President Micael Johansson and CFO Anna Wijkander will present Saab’s Q4 and full-year 2024 results.

Date: Friday 7 February at 10.00 a.m. (CET). 

You are welcome to watch the live webcast or dial in to the conference call. It is possible to submit questions over the conference call and from the webcast page.

Live webcast: www.saab.com/investors/webcast/q4-2024 

Registration for conference call: www.saab.com/investors/conference-call-q4

The full-year report, presentation material and webcast will be published on www.saab.com/investors.

Contacts
Mattias Rådström
Head of Media Relations 
+46 (0)734 180 018
presscentre@saabgroup.com

Merton Kaplan
Head of Investor Relations
+46 (0)734 182 071
merton.kaplan@saabgroup.com

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 24,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

The information is such that Saab AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 7 February 2025 at 07.30 (CET).

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/saab/r/saab-year-end-report-2024-making-steady-progress-on-our-profitable-growth-journey,c4101944

The following files are available for download:

https://mb.cision.com/Main/183/4101944/3251800.pdf

Saab year-end report 2024 – Making steady progress on our profitable growth journey

https://mb.cision.com/Public/183/4101944/922a9b28923073e5.pdf

Saab year-end report 2024 – press release

https://news.cision.com/saab/i/micael-johansson-close-up,c3375267

Micael Johansson close-up

https://news.cision.com/saab/i/micael-johansson,c3375268

Micael Johansson

 

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Defense Unicorns Launches End-to-End CMMC Solution to Help Defense Contractors Accelerate Certification and Preserve Contract Eligibility

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Defense Unicorns CMMC addresses NIST SP 800-171 requirements, providing hands-on guidance, assessor-ready evidence, and year-round continuous compliance for the Defense Industrial Base

SAN ANTONIO, Oct. 20, 2026 /PRNewswire/ — Defense Unicorns, a leader in open-source and secure defense software delivery, today announced the launch of its end-to-end Cybersecurity Maturity Model Certification (CMMC) solution, Defense Unicorns CMMC. Defense Unicorns CMMC is designed specifically for companies across the Defense Industrial Base (DIB), including small businesses, independent software vendors (ISVs), and enterprise defense contractors. The new offering fast-tracks NIST SP 800-171 readiness while ensuring continuous, year-round compliance.

“A stronger defense industrial base gives our nation greater capacity to deliver what the mission demands,” said Dr. Rob Slaughter, CEO and Co-Founder of Defense Unicorns. “We need more companies bringing their talent, technology, and innovation to defense. Our job is to help them enter that market, grow, and deliver securely. By reducing the burden of CMMC readiness, we help contractors focus their people and resources on building the capabilities our warfighters need.”

With Department of War contract eligibility tied directly to cybersecurity readiness, defense contractors face mounting pressure to navigate complex technical controls, gap remediation, and extensive documentation requirements. Defense Unicorns CMMC eliminates compliance bottlenecks by combining expert implementation, tailored assessment documentation, and ongoing maintenance without forcing contractors to overhaul existing IT infrastructure.

Key Offerings & Capabilities

Defense Unicorns CMMC provides a comprehensive path to accreditation built around four core pillars:

End-to-End Implementation & Maintenance: Hands-on configuration of security controls, gap remediation, assessment support, and ongoing guidance to keep documentation and evidence current as systems, scope, and flow-down requirements change.Vendor-Agnostic System Compatibility: Seamless integration within existing IT environments, including Microsoft 365, Google Workspace, and complex hybrid operating systems—working alongside existing Managed Service Providers (MSPs and internal IT).Assessor-Ready Evidence Packets: Generation of complete, audit-ready compliance packages containing tailored System Security Plans (SSPs), policies, procedures, architecture diagrams, databases, and supporting evidence.Partnering with Certified Assessment Bodies (C3PAOs): Close collaboration with Certified Third-Party Assessment Organizations (C3PAOs) to remediate failed CMMC assessments and ensure streamlined evaluation workflows.

Despite recent regulatory pauses surrounding Phase II assessment rollouts, contractual requirements under DFARS 252.204-7012 and Phase I NIST SP 800-171 self-assessments remain fully active. Defense Unicorns’ expert team equips DIB organizations with the technical safeguards and continuous evidence generation required to satisfy government audits and protect Federal Contract Information (FCI) and Controlled Unclassified Information (CUI) at all times.

To learn more about Defense Unicorns CMMC or to schedule a consultation with a Defense Unicorns CMMC Certified Professional, visit defenseunicorns.com/solutions/industry/cmmc/.

About Defense Unicorns

Defense Unicorns is a veteran-owned defense technology company founded in 2021 by Rob Slaughter, Jeff McCoy, and Andrew Greene to make software a strategic deterrent for the U.S. Department of War. The company builds open-source, airgap-native technologies that enable the secure development, delivery, and sustainment of mission software across cloud, on-premises, airgapped, and tactical edge environments. Defense Unicorns’ technology is trusted by operators of critical systems across the U.S. Navy, Army, Air Force, and Space Force. Learn more at https://defenseunicorns.com.

View original content:https://www.prnewswire.com/news-releases/defense-unicorns-launches-end-to-end-cmmc-solution-to-help-defense-contractors-accelerate-certification-and-preserve-contract-eligibility-302913511.html

SOURCE Defense Unicorns

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Defense Unicorns Launches End-to-End CMMC Solution to Help Defense Contractors Accelerate Certification and Preserve Contract Eligibility

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Defense Unicorns CMMC addresses NIST SP 800-171 requirements, providing hands-on guidance, assessor-ready evidence, and year-round continuous compliance for the Defense Industrial Base

SAN ANTONIO, Oct. 20, 2026 /PRNewswire/ — Defense Unicorns, a leader in open-source and secure defense software delivery, today announced the launch of its end-to-end Cybersecurity Maturity Model Certification (CMMC) solution, Defense Unicorns CMMC. Defense Unicorns CMMC is designed specifically for companies across the Defense Industrial Base (DIB), including small businesses, independent software vendors (ISVs), and enterprise defense contractors. The new offering fast-tracks NIST SP 800-171 readiness while ensuring continuous, year-round compliance.

“A stronger defense industrial base gives our nation greater capacity to deliver what the mission demands,” said Dr. Rob Slaughter, CEO and Co-Founder of Defense Unicorns. “We need more companies bringing their talent, technology, and innovation to defense. Our job is to help them enter that market, grow, and deliver securely. By reducing the burden of CMMC readiness, we help contractors focus their people and resources on building the capabilities our warfighters need.”

With Department of War contract eligibility tied directly to cybersecurity readiness, defense contractors face mounting pressure to navigate complex technical controls, gap remediation, and extensive documentation requirements. Defense Unicorns CMMC eliminates compliance bottlenecks by combining expert implementation, tailored assessment documentation, and ongoing maintenance without forcing contractors to overhaul existing IT infrastructure.

Key Offerings & Capabilities

Defense Unicorns CMMC provides a comprehensive path to accreditation built around four core pillars:

End-to-End Implementation & Maintenance: Hands-on configuration of security controls, gap remediation, assessment support, and ongoing guidance to keep documentation and evidence current as systems, scope, and flow-down requirements change.Vendor-Agnostic System Compatibility: Seamless integration within existing IT environments, including Microsoft 365, Google Workspace, and complex hybrid operating systems—working alongside existing Managed Service Providers (MSPs and internal IT).Assessor-Ready Evidence Packets: Generation of complete, audit-ready compliance packages containing tailored System Security Plans (SSPs), policies, procedures, architecture diagrams, databases, and supporting evidence.Partnering with Certified Assessment Bodies (C3PAOs): Close collaboration with Certified Third-Party Assessment Organizations (C3PAOs) to remediate failed CMMC assessments and ensure streamlined evaluation workflows.

Despite recent regulatory pauses surrounding Phase II assessment rollouts, contractual requirements under DFARS 252.204-7012 and Phase I NIST SP 800-171 self-assessments remain fully active. Defense Unicorns’ expert team equips DIB organizations with the technical safeguards and continuous evidence generation required to satisfy government audits and protect Federal Contract Information (FCI) and Controlled Unclassified Information (CUI) at all times.

To learn more about Defense Unicorns CMMC or to schedule a consultation with a Defense Unicorns CMMC Certified Professional, visit defenseunicorns.com/solutions/industry/cmmc/.

About Defense Unicorns

Defense Unicorns is a veteran-owned defense technology company founded in 2021 by Rob Slaughter, Jeff McCoy, and Andrew Greene to make software a strategic deterrent for the U.S. Department of War. The company builds open-source, airgap-native technologies that enable the secure development, delivery, and sustainment of mission software across cloud, on-premises, airgapped, and tactical edge environments. Defense Unicorns’ technology is trusted by operators of critical systems across the U.S. Navy, Army, Air Force, and Space Force. Learn more at https://defenseunicorns.com.

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Algorized and ZHAW School of Engineering Launch Research on Predicting Human Movement Around Collaborative Robots, funded by InnoSuisse

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A two-year program studies how sensor fusion enhances human presence detection and safe human-machine interaction.

ETOY, Switzerland, Oct. 20, 2026 /PRNewswire/ — Robots working beside people need a reliable estimate of human movement. Their controllers also need to know how far they can trust that estimate. Algorized and ZHAW Zurich University of Applied Sciences Institute of Signal Processing and Wireless Communications ISC have launched a two-year research program to study both questions. The collaboration is funded by InnoSuisse.

The program, “Real-Time Human Perception via Edge-AI Wireless Sensor Fusion for Collaborative Robotics”, runs from September 2026 for two years. It builds on earlier research by Algorized and ISC on ultra-wideband (UWB) radar.

The program aims to combine raw wireless and optical signals in one fusion layer between a robot’s sensors and its controller. Researchers aim to weight each input by confidence and produce a calibrated estimate of a person’s position and predicted path.

Algorized processes raw data with one foundation model to detect human presence and classify whether it is a human or an object. The program tests whether combining raw inputs in sensor fusion, before each sensor makes its own decision, creates a holistic layer for the human-aware machines.

Each sensor type adds different information. UWB radar and Wi-Fi sensing can help detect a person behind a shelf or a machine. Millimeter-wave radar holds its lock through dust, steam, glare and darkness. RGB and time-of-flight cameras add spatial and semantic detail. The program studies how these inputs work together.

The research has four goals. The first three are to sense people in approach to the robot, tell living from non-living objects, and track and predict each person’s path. The fourth is to send the robot controller a graded instruction: continue, slow down, or stop. The inference target is under 100 milliseconds on standard industrial edge hardware. Algorized’s planned safety functions cover presence detection, localization and tracking.

A model of this kind needs its own training data. That data must come from real facilities with people moving through them. Researchers who understand the physics must interpret it. The goal is a core model that transfers across sensor types, vendors and sites without retraining for each deployment.

“Machines enter the physical world,” said Natalya Lopareva, CEO and Founder of Algorized. “For robots to coexist with humans, they need to understand the people around them. We are exploring every sensor and every layer of compute to make shared spaces safe. That takes research, and we are doing it together with the ISC at the ZHAW School of Engineering.”

“The program brings ISC sensing research into real industrial sites. Researchers will combine radar, Wi-Fi, and optical signals to distinguish approaching people from other objects and then estimate the person’s position and movement. The program investigates how the reliability of this estimation can be measured and how to predict where a person will go next,” said Marc Kuhn, Deputy Head of ISC at the ZHAW School of Engineering.

About Algorized

Algorized builds the edge-native nervous system for Physical AI. Its foundation model senses human presence, vital signs, and intent through occlusion – delivering real-time human-aware perception from standard wireless sensors, where cameras and light-based systems go blind. Backed by the Amazon Industrial Innovation Fund and rooted in four years of Swiss sensing research, Algorized partners with silicon manufacturers and industrial OEMs across robotics, automotive, and smart spaces. Learn more at www.algorized.com.

About the ZHAW School of Engineering

The School of Engineering is one of eight schools of the ZHAW Zurich University of Applied Sciences. With 14 institutes and centres, the ZHAW School of Engineering is one of Switzerland’s leading institutions for technical education and research. It provides high-quality degree programmes and continuing education and develops innovative solutions for industry, focusing on the areas of energy, mobility, information and health.

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