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 readLast updated: January 21, 2026

Published by Global Banking and Finance Review
Posted on October 28, 2025
1 min readLast updated: January 21, 2026

Saab secures a $46 million contract with the US Army for Giraffe 1X radars, bolstering its defense sector presence.
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.
(Reporting by Louise Rasmussen, editing by Terje Solsvik)
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.
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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