Saab acquires Applied Composites
- December 26, 2017
Defence and security company Saab has acquired the company Applied Composites AB (ACAB), based in Linköping, Sweden.
The acquisition will guarantee key technologies for the development of future ground combat weapon systems and advanced radomes.
ACAB is a leading expert in the development and manufacture of composite components for high technology products. The transition of the company will become effective at 29 December 2017.
ACAB is a high-tech company specialising in composite-based solutions for demanding civil and military applications. The company developed alongside the aviation and defence industry in Linköping, Sweden. ACAB has approximately 55 employees and an annual turnover of around US$12.6 million.