Saab
Saab is an aviation and defense company based in Sweden and founded in 1937 in Linköping. Its name was an acronym for "Svenska Aeroplan AB," where "AB" stands for "aktiebolaget" ("limited company"), thus written as 'SAAB'. more...
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Since the changes in company ownership in the 1990s, the company name is now Saab AB.
Originally manufacturing airplanes, the company sought ways in which to diversify its business and in the late 1940s started to manufacture Saab Automobiles. The automobile division was based in the city of Trollhättan. The first car was the Saab 92001 on June 10, 1947. The company soon developed a reputation for reliable automobiles, with a notable competition history. The cars had a name for safety and crash-resistance.
In the late 1950s SAAB ventured into the computer market with Datasaab.
In 1969 Saab merged with the truck maker Scania-Vabis, and between 1969 and 1995 the company was called Saab-Scania AB. General Motors bought 51 percent of the automobile division Saab Automobile in 1990, and acquired the rest a decade later.
Ownership
Since 1998 the British aerospace company BAE Systems have been the largest shareholder in Saab following its acquisition of a 35% stake from Investor AB by its predecessor, British Aerospace. From January 2005 BAE has reduced its shareholding to 20%, which it views as a long term interest. Investor AB also maintains a 20% share.
Aircraft
The main focus of aircraft production is fighter aircraft, with the recent JAS 39 Gripen as the main model. Saab has been making airplanes since the 1930s, and predecessors to the Gripen were among others the Lansen, the Draken and the Viggen. The last civilian models made by Saab were the Saab 340 and Saab 2000. Both were mid-range, turboprop-powered, passenger planes. The development and the manufacturing of these aeroplanes is in Linköping, Sweden.
In 1995 Saab Military Aircraft and British Aerospace (now BAE Systems) formed the joint venture company Saab-BAe Gripen AB, with the goal of adapting, manufacturing, marketing and supporting Gripen internationally. This co-operation was extended in 2001 with the formation of Gripen International for the same purpose.
BAE designed an improved wing, which they then manufactured and are set to produce 45% of export airframes. Saab Military Aircraft is responsible for the overall 'aircraft system' including basic aircraft development and production, and testing and delivery.
Saab 17 (bomber/dive-bomber);
Saab 18 (bomber);
Saab 21 (push-prop);
Saab 21R (jet);
Saab 29 Tunnan;
Saab 32 Lansen;
Saab 35 Draken;
Saab 37 Viggen;
Saab 39 Gripen;
Saab 90 Scandia;
Saab 91 Safir;
Saab 105;
Saab 340;
Saab 2000;
Space & military technology
Saab Ericsson Space was a joint venture with Ericsson, now fully owned by Saab, designing the on board computers used in the Ariane 5 rockets used by the European Space Agency. Saab Bofors Dynamics develops military applications such as RBS15, Carl Gustav recoilless rifle, AT4, IRIS-T and MBDA Meteor.
Read more at Wikipedia.org
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