Combitech has maintained a clear focus on advancing digitalisation in collaboration with its customers and partners, while simultaneously strengthening total defence. Emphasis has been on the most critical sectors of society, including security, communications, transport, finance, and energy. By combining technological innovation with strategic partnerships, the company has contributed to increased resilience and robustness across society.

Together with its customers, Combitech has carried out key projects that have challenged existing business models and introduced new technologies, while also developing delivery capacity with support from, among other, the competence centre in India.

Through exercises and technical solutions, Combitech, in collaboration with its customers, strengthens both civil and military defence and contributes to a resilient society. Public-private collaboration has also deepened through roundtable discussions and concrete partnerships.

“Combitech’s width and strong position within the industry and total defence mean that we not only meet today’s demands but also shape the future. With a recruitment rate of approximately two new colleagues per day, we have hired nearly 500 people since the beginning of the year. We are building Combitech’s future while simultaneously reinforcing societal resilience,” says Jessica Öberg, CEO of Combitech.

Key events during the quarter

• Combitech has entered into a five-year framework agreement with BAE Systems Hägglunds to deliver engineering services that include product development and commitments. 
• Two-year agreement in safety assessments and penetration tests for the LFV group - Air navigation services of Sweden, including the possibility of extension.
• Assignment for BAE Systems Bofors in the field of AI, to introduce more smart ways of working and to support increased internal efficiency.
• Strategic support to GKN Aerospace, within the function for digitalisation and IT.
• Renewed confidence from the Swedish Defence Materiel Administration (FMV) to do business in our TEMPEST centre (TEMPEST and RÖS labs).
• New framework agreements with The National Procurement Services, Kammarkollegiet (Legal, Financial and Administrative Services Agency) for the delivery of IT consulting services. The first agreement concerns the business's IT needs, and the second agreement concerns IT security.
• Contributed to strengthening total defence capabilities by leading exercises during Nordic Pine 2025, a NATO exercise focused on cyber security and preparedness within the energy sector.
• Coordinated the demonstration week for the research arena WARA PS, where civil and military technologies are integrated with AI.
• During the quarter, Combitech recruited about 200 new employees, and since the beginning of the year, about 500 individuals has been recruited. To support growth and reinforce local presence, investments are being made in offices, including new premises in Luleå.

Key figures for the period July to September 2025

(comparative figures Q3, 2024, in brackets)

Sales: SEK 1025 million (SEK 877 million)

Operating margin: 8,3% (10,4%)

Operating cash flow: SEK -90 million (SEK -20 million)

Number of employees at the end of Q3, 2025: 2702 (2440)

For further information, please contact:

Ulrica Matsers, Head of People, Culture and Communication, Combitech
Tel: 0734-46 00 70, E-post: ulrica.matsers@combitech.com

Johan Andersson, Head of Investor Relations, Saab
Tel: 0734- 37 29 39, E-post: johan.c.andersson@saabgroup.com