Saab Completes Divestment of Shares in Vricon

Saab has completed the divestment of all its shares in the U.S. based joint venture company Vricon Inc. to Maxar Technologies.

Saab has received the purchase price of 117 MUSD and the transaction is closed. The financial implication for Saab is a positive cash flow effect of 117 MUSD and a capital gain of approximately 1 BSEK.

Saab and Maxar are now taking the next step in its partnership and have entered into new agreements to ensure future technical development of Saab products and supply of Vricon products for the benefit of Saab’s current and future customers.

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