Saab has divested Saab TransponderTech AB to Teledyne Technologies' subsidiary FLIR Systems AB, aiming to focus on its military business while enabling TransponderTech to expand within the commercial maritime sector.

Target Information

Saab has announced the divestment of Saab TransponderTech AB to Teledyne Technologies Inc.’s Swedish subsidiary, FLIR Systems AB. This transaction is subject to specific conditions expected to be fulfilled by the end of the fourth quarter of 2025. Saab TransponderTech is recognized as a leading provider of Safety Of Life At Sea (SOLAS)-certified communications and navigation solutions, catering to commercial maritime, military, and airborne applications. Upon completion of this deal, Saab will sell 100 percent of its shares in Saab TransponderTech AB as part of its strategy to concentrate on its core business areas.

Founded in Linköping, Sweden, Saab TransponderTech specializes in Automatic Identification Systems (AIS), VHF Data Exchange Systems (VDES), and Global Navigation Satellite Systems (GNSS). The company is celebrated for its high-quality, precise products that perform reliably even under the most demanding conditions, positioning it as a key player in the maritime technology sector.

Industry Overview in Sweden

The maritime technology industry in Sweden is characterized by innovation and advanced engineering, underpinning the country’s robust defense and security sectors. Sweden has a significant maritime heritage and is home to several leadi