When you think of Sweden, you might picture snowcovered streets, minimalist design, maybe even IKEA or ABA. Defense manufacturing probably isn't the first thing that comes to [music] mind, but maybe it should be. Here at Saab, production has been ramping up.The company reported record orders on the books, and it's not just fighter jets. [music] Saab builds everything from missiles and radar to surveillance systems and naval platforms. capabilities few countries [music] sustain domestically.CEO Michael Johan ...

Financial Performance & Outlook - GAAP diluted earnings per common share outlook for Q2 2025 are projected between $400 and $415[78] - Non-GAAP diluted earnings per common share outlook for Q2 2025 are projected between $495 and $505[78] - GAAP diluted earnings per common share outlook for the total year 2025 are projected between $1735 and $1783[78] - Non-GAAP diluted earnings per common share outlook for the total year 2025 are projected between $2110 and $2150[78] - The company's Q1 2025 sales reached $14499 million[79] Non-GAAP Measures & Adjustments - The company uses non-GAAP financial measures to provide additional means to understand and evaluate operating results, adjusting for items like FLIR acquisition integration-related costs and acquired intangible asset amortization[68, 71] - Adjustments to GAAP earnings include transaction and integration costs, inventory step-up expense, and acquired intangible asset amortization[78] - Non-GAAP measures exclude certain FLIR transaction and integration costs, acquired intangible asset amortization, and acquisition-related tax matters[73] Historical Financial Data - Sales from continuing operations in 2001 were $6255 million, increasing to $22981 million in 2015[79] - Gross margin increased from 230% in 2001 to 379% in 2015[79] - Operating margin increased from 36% in 2001 to 123% in 2015[79] Balance Sheet (Q1 2025) - Cash totaled $4615 million[81] - Total debt amounted to $29648 million[81] - Stockholders' equity was $99252 million[81] - Net debt was $25033 million, representing 201% of net book capitalization[81]