Saab 2010 Annual Report Download - page 2

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Saab serves the global market with world-leading solutions,
products and services ranging from military defence to civil
security. With operations and employees on every continent,
Saab continuously develops, adapts and improves new tech-
nology to meet customers’ changing needs. Its most important
markets are Europe, South Africa, Australia and North America.
Saab has around 12,500 employees. Annual sales amount to
around SEK 24 billion, of which about 20 per cent is related to
research and development.
Saab’s operations are divided into five business areas: Aero-
nautics, Dynamics, Electronic Defence Systems, Security and
Defence Solutions, and Support and Services.
THIS IS SAABCONTENTS
Changing conditions for the defence industry 2
Market dimensions 4
The CEO and Chairman in a conversation 6
Business concept, vision and mission 9
Driving forces and trends in the market 10
Long-term goals 12
Goal attainment in 2010 13
Saab’s starting position 14
Employees 15
Profitable growth 16
More efficient operations 18
Focused portfolio 20
Product development 22
Saab’s core competence 24
Market segments 26
Markets by region 28
Financial review 2010 32
Business areas 34
Sustainability at Saab 44
Risks and risk management 56
Financial statements 60
Notes 72
Corporate governance report 126
The Saab share 138
Financial information 2011 and contact details 144
While every care has been taken in the translation of this annual report,
readers are reminded that the original annual report, signed by the
Board of Directors, is in Swedish.
STRATEGIC PRIORITIES
Profitable growth
Evaluate current positioning and identify growth opportunities.
Performance
Work with efficiencies and continuous improvements.
Focused portfolio
Adapt the portfolio to areas with strong competitive advantages and growth opportunities.
People
To be an employer of choice in the global market.
Our employees are the backbone of our offering and our growth.
ORGANISATION
CEO, EVPS & COO
MARKET-
ORGANISATION
GROUP STAFFS
Shared
functions
Marketing &
Business
Development
Aeronautics Dynamics Electronic
Defence
Systems
Security and
Defence
Solutions
Support and
Services Combitech*
* Combitech is reported as part of Corporate.
PROFITABLE
GROWTH
PERFORMANCE
PEOPLE
PORTFOLIO