Saab restructures, launches new naval division

Swedish defense company Saab will consolidate its naval activities into a single business area, merging operations from its Kockums division and parts of the Naval Combat Systems.

Credit: Saab

As disclosed, the company announced plans to consolidate its naval operations into a newly established business area called Naval, as part of a broader effort to strengthen its maritime capabilities and streamline its organizational structure.

The restructuring, which will take effect on April 1...