SAABY - Non-Cyclical Saab Seems Attractive Right Now
Saab (SAABF) (SAABY) is a Swedish aerospace and defense company. The company was founded in 1937 and it currently employs around 17,000 employees and has operations in the Americas, Middle East, Africa, Europe and Asia Pacific. Saab AB is listed in the Stockholm Stock Exchange with a market value of 35.7bn SEK and the main competitors are other international defense companies such as Boeing (NYSE:BA) and Lockheed Martin (NYSE:LMT).
The business model of Saab consists of sales of products and spare parts, service assignments and long-term customer contracts for various business segments. Long-term customer contracts