Saab Dissolves Security and Defence Solutions Biz

Saab today announced the dissolution of its Security and Defence Solutions unit as part of a restructuring of its business units starting January 2016.

A company statement said that Saab expects organic sales growth in 2015. This growth  will be largely managed with existing resources, while potential efficiency measures are reviewed to increase profitability and enable further market focus.

The business units within Security and Defence Solutions will be adjusted as follows; Traffic Management and Combat System and C4I Solutions become units within business area Electronic Defence Systems.

Training and Simulation becomes a unit within business area Dynamics. Critical Systems & Communication Solutions becomes a unit within business area Support and Services.

Business unit Saab Kockums will report to the CEO and is intended to report financially within corporate.

The new organisation will be effective from 1 January 2016. Due to the dissolution of Security and Defence Solutions, the head of that business area, Gunilla Fransson, has decided to quit Saab.