Business

October 23, 2013

Saab combines U.S. defense operations

Global defense and security company Saab recently announced the establishment of Saab Defense and Security USA LLC.

This represents the consolidation of several U.S.-based Saab defense companies into a single U.S. defense and homeland security provider.

“Shared management structures and security governance will increase synergies and improve efficiency,” said a company release. “Saab’s goal is to build an agile and responsive U.S. company able to deliver innovative, timely and highly-effective solutions to meet local defense and security needs.”

Saab Defense and Security USA LLC brings together the operations of the former separate legal entities, Saab Training USA LLC, Saab Barracuda LLC, Saab Support and Services LLC, and the defense elements of the Saab Sensis Corporation, into a single organizational structure.

Forming the new company is a further step in the long-term development and growth of Saab in North America. As a combined entity, SDAS will have a greater ability to respond to changing market conditions in the United States and in the global defense market making it possible to grow jobs and expertise in the United States.

“Even when viewed against the background of the current budget situation, the U.S. defense and security market represents nearly 50 percent of the total global market,” said Jonas Hjelm, head of Saab’s Americas Market Area. “This makes it very important for Saab to solidify its position and grow its presence in the United States.”

“Our existing portfolio of products, systems and capabilities provide us a flexibility to provide quick solutions to meet customer needs and make us an attractive partner to major U.S. defense industries,” he said. “From its very start, Saab Defense and Security USA has a sound business footing and is expected to remain a profitable company with excellent prospects.”

SDAS will operate under a special security agreement with the U.S. Department of Defense. This will ensure the required protections remain in place so the company can sustain and build its defense and homeland security activities.

Lars Borgwing, former CEO of Saab Training USA, is the president and CEO of SDAS. Lars is committed to building the local business by enhancing and leveraging Saab’s current US business base.

“Our four U.S. business units already have strong relationships with local customers and existing contracts,” Borgwing said. “We are determined to exceed the expectations of these customers — that’s the best way to earn their continued trust, support our war fighters and to grow our company,” Lars Borgwing said.

Saab’s Air Traffic Management activities will continue under a separate U.S. legal entity — Saab Sensis Corporation — with a continued focus on the global traffic management market.

Saab Defense and Security USA LLC delivers advanced military technology and systems to United States armed forces and other government agencies. Headquartered in Sterling, Va., it has business units and local employees in four states.




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