Overview
Description
Saab AB Unsponsored ADR represents shares in Saab AB, a Swedish aerospace and defense company, on the U.S. financial market in the form of an American Depositary Receipt. Saab AB specializes in advanced technologies and systems for military defense, civil security, and air traffic management. The company is renowned for innovations in areas such as aeronautics, military weaponry, and surveillance systems. Saab's products include fighter aircraft, radar systems, and automated traffic management tools, impacting sectors such as national defense, aviation, and security industries worldwide.
The Unsponsored ADR enables U.S. investors to gain exposure to Saab's shares without directly dealing with foreign markets, as these ADRs are issued by a depositary bank and correspond to the shares traded on foreign exchanges. Saab AB plays a significant role in the global defense market with its commitment to technological advancement and strategic collaborations. Through its innovative solutions and international presence, Saab continues to contribute to global defense capabilities and civil safety systems, making the ADR a noteworthy channel for U.S. investors interested in accessing the international aerospace and defense industry.
About
CEO
Mr. Micael Johansson B.Sc.
Employees
25369
Address
Olof Palmes Gata 17
5th floor
Stockholm, 111 22
5th floor
Stockholm, 111 22
Phone
46 13 18 00 00
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
MIC code
PINX