Saab 2011 Annual Report Download - page 24

Download and view the complete annual report

Please find page 24 of the 2011 Saab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 158

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158

20 SAAB ANNUAL REPORT 2011
In 2011, Saab acquired the U.S. company Sensis Corporation
(Sensis), a leading provider of air trac management solutions
and surveillance technology. e acquisition is fully in line with
our strategic priorities to create protable growth, increase our
geographical presence and continually adapted our portfolio.
Sensis has a strong position in the U.S. in radar and sensors
and is a world leader in air trac management, an important
complement to Saabs existing oering. For example, Sensis has
a strong position with major airports, while Saab is a leader in
Remote Towers for small airports. With this combination, the
Group creates a stronger product portfolio – and new growth
opportunities in a growing global market.
e acquisition of Sensis also gives us a growth platform in
the important North American market, where a local presence
is critical to success. We have also identied operational syner-
gies in both the medium and long term, which we are currently
working to capitalise on.
Sensis has developed and distributed air trac management
and air defence systems since 1985. It maintains a global base
of more than 200 installations among over 60 customers in 35
countries on six continents. Operations rest on two divisions:
Air Trac Management, which accounts for about 75 per cent
of sales and has installations at more than 85 airports, and De-
fence & Security Systems, which works with defence organisa-
tions around the world.
Stronger position in important market
rough the Sensis acquisition, we strengthen our oering in
advanced air trac management and surveillance. ere are
several factors driving demand in this market:
tDemand for air trac management and infrastructure is
driven by growth between and within regions.
tGlobal air trac is growing, increasing congestion. By 2030,
around 50 per cent of growth is expected to come from
travel to, from and within Asia.
tHigher fuel prices and increased security demands.
tA desire among customers to meet future security, capability
and environmental needs.
tAccess to new technology.
e Air Trac Management (ATM) market is cyclical,
programme-driven, dominated by increased automation and
characterised by limited growth in Europe and North America.
Emerging regions, on the other hand, will account for a large
share of market growth, since growing trac volumes are creat-
ing demand for new systems. At the same time, it remains a fact
that existing systems will not be able to satisfy future needs. A
large number of players are now planning to modernise their
systems and implement new technology.
SENSIS – BRIDGEHEAD TO A
GLOBAL MARKET
Saab Sensis’ products and
systems are installed with
over 60 customers in 35
countries on six continents.
STRATEGY > PROFITABLE GROWTH