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    Home > Finance > Sweden's Saab receives $46 million US Army order for radars
    Finance

    Sweden's Saab receives $46 million US Army order for radars

    Published by Global Banking and Finance Review

    Posted on October 28, 2025

    1 min read

    Last updated: January 21, 2026

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    Tags:innovationtechnology

    Quick Summary

    Saab secures a $46 million contract with the US Army for Giraffe 1X radars, bolstering its defense sector presence.

    Sweden's Saab receives $46 million US Army order for radars

    Overview of Saab's Radar Order

    COPENHAGEN (Reuters) -Swedish defence equipment maker Saab said on Tuesday it has received an order for its Giraffe 1X radars worth around $46 million from the U.S. Army.

    Details of the Giraffe 1X Radar

    (Reporting by Louise Rasmussen, editing by Terje Solsvik)

    Key Takeaways

    • •Saab receives a $46 million order from the US Army.
    • •The order is for Giraffe 1X radars.
    • •This deal strengthens Saab's position in the defense sector.
    • •The contract highlights US-Sweden defense collaboration.
    • •Saab continues to expand its military technology footprint.

    Frequently Asked Questions about Sweden's Saab receives $46 million US Army order for radars

    1What is a radar?

    A radar is a system that uses radio waves to detect and locate objects, such as aircraft or ships, by bouncing signals off them and measuring the time it takes for the signals to return.

    2What is defense technology?

    Defense technology refers to the tools, equipment, and systems developed for military purposes, including weapons, surveillance systems, and communication devices, aimed at enhancing national security.

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