Saab shares extend rally on defense contract momentum

The Swedish defense manufacturer's stock has surged 10% over the past year, driven by a steady stream of new orders and positive sentiment ahead of key geopolitical summits.

By Handelsavisen Newsroom · Automated 2026-07-17 16:44 UTC · 1 min read

Saab AB shares have climbed more than 3% over the past month, adding to a 10% gain recorded over the last 12 months.

The Swedish defense manufacturer’s equity has been a standout performer in the sector, with the stock up 813% over the past five years as it capitalizes on rising global defense spending.

Handelsavisen previously reported that Saab shares rose in early trading on Tuesday after news of a substantial new defense contract.

The recent price action follows a series of positive developments for the company.

Handelsavisen previously reported that Saab shares rose in early trading on Tuesday after news of a substantial new defense contract.

Investors reacted positively to the order, which reinforced the company’s order book and near-term revenue visibility.

Further momentum came as Saab shares climbed again following reports of significant additional defense contracts.