Saab Invests to Grow its New York-Based Business
January 11, 2017 | PRNewswireEstimated reading time: 1 minute
Defense and security company Saab has signed an agreement with New York State (NYS) to develop Saab's business in the United States and local presence in NYS.
Saab will invest in its U.S. defense subsidiary, Saab Defense and Security USA, to drive technology transfers, improve facilities, and grow its organic engineering, research, development, testing and production capabilities. Additionally, Saab Defense and Security USA's official headquarters will relocate to its East Syracuse-based office.
NYS will provide Saab with several incentives aimed at supporting Saab's efforts, which are expected to further stimulate industrial growth and create new jobs within Saab's New York-based subsidiaries.
"Saab is committed to New York and Syracuse, and this investment will benefit all involved," said Michael Andersson, Head of Market Area North America for Saab. "NYS will experience an influx of technology and job growth, and Saab will continue to develop our capabilities and expand our U.S. footprint. Ultimately, our customers will also benefit from the added availability of new products and solutions generated through this agreement."
Saab Defense and Security USA LLC delivers advanced technology and systems to United States armed forces and other government agencies. Headquartered in Syracuse, New York the company has business units and local employees in four states and Washington, DC. Saab Defense and Security USA is a wholly owned subsidiary of the Saab Group.
With several locations across the United States and Canada, Saab North America provides a broad range of defense and homeland security products, services and solutions to North American customers. Saab North America is a wholly owned subsidiary of the Saab Group.
About Saab Group
Saab Group serves the global market with world-leading products, services and solutions within military defence and civil security. Saab has operations and employees on all continents around the world. Through innovative, collaborative and pragmatic thinking, Saab develops, adopts and improves new technology to meet customers' changing needs.
Suggested Items
Orbex Secures Patent for 'Petal Fold' Reusable Rocket Technology
03/29/2024 | OrbexOrbex has successfully patented its REFLIGHT reusable rocket technology following patent approval in several European markets, based on the patent grant by the European Patent Office, as well as in the United States.
Intel Announces 2024 EPIC Supplier Program Award Recipients
03/29/2024 | Intel CorporationIntel announced the recipients of the 2024 Intel EPIC Supplier Program awards, which recognize suppliers that exemplify Intel’s standard of excellence. Intel is committed to expanding global supply capacity, delivering leadership products and enabling Intel Foundry.
NEOTech Promotes Emilio Ramirez to Chief Technology Officer
03/29/2024 | NEOTechNEOTech, a leading provider of electronic manufacturing services (EMS), design engineering, and supply chain solutions in the high-tech industrial, medical device, and aerospace/defense markets, is thrilled to announce the promotion of Emilio Ramirez to the position of Chief Technology Officer (CTO).
Keynote Preview: Reshaping our Engagement With the World
03/28/2024 | Shawn DuBravac, IPCThe widespread integration of AI across various sectors is broadening its impact, from revolutionizing healthcare with Smart solutions to transforming homes into intuitive spaces, highlighting its crucial role in boosting efficiency and addressing complex challenges. In healthcare, we're witnessing a trend toward personalized care with AI-driven devices like intelligent pillows to mitigate snoring, sophisticated sleep monitors, and innovative patient monitoring systems.
Indium Corporation to Present, Exhibit at EPP InnovationsFORUM
03/28/2024 | Indium CorporationIndium Corporation is set to present and exhibit at EPP InnovationsFORUM, one of Europe’s premier single-day electronics manufacturing forums, on April 17 in Leinfelden-Echterdingen, Germany. Topic areas for 2024 will include AI, automation, sustainability, and quality.