April 23, 2014 11:21 PM ET

Aerospace and Defense

Company Overview of Saab Barracuda LLC

Company Overview

Saab Barracuda LLC engages in the design, testing, and manufacture of signature management and camouflage products for the U.S. armed forces and government agencies in the United States. The company’s products include ultra lightweight camouflage net system (ULCANS), which is a camouflage technology with multispectral capabilities providing protection against visual, infrared, thermal infrared, and broad-band radar threats; and Signature Concealment Personnel Suit, which is a Ghillie suit that offers protection against visual, infrared, and thermal infrared threats, as well as enhances survivability. It also offers Gun-Mounted Vehicle, a system with multispectral characteristics that allow s...

608 East McNeill Street

Lillington, NC 27546

United States

Founded in 1997

Key Executives for Saab Barracuda LLC

Head of Business Area Security & Defence Solutions
Age: 53
Head of Business Area Dynamics
Age: 60
Senior Vice President and Head of Region USA
Vice President of Business & Product Development
Compensation as of Fiscal Year 2013.

Saab Barracuda LLC Key Developments

Saab Barracuda LLC Receives Order for RBS15 Mk3

Saab Barracuda LLC has received an order from its German partner Diehl BGT for the Surface-to-Surface Missile RBS15 Mk3. The order value is SEK 168 million, and includes options with a total value of SEK 83 million. Deliveries will take place during the period 2014 to 2016.

Saab Barracuda LLC Announces Earnings Results for the Six Months Ended June 30, 2012; Revises Earnings Guidance for the Year 2012

Saab Barracuda LLC announced earnings results for the six months ended June 30, 2012. For the period, the company's sales increased 4% to SEK 11,805 million against SEK 11,313 million a year ago. Excluding acquisitions the development was flat. Exchange rates had no significant impact on sales. Operating income was SEK 1,124 million against SEK 1,065 million a year ago, corresponding to an operating margin of 9.5% against 9.4% a year ago. This included a positive non-recurring item of SEK 207 million from reduction of a potential earn-out liability. 2011 included capital gains of SEK 253 million. Net income was SEK 803 million against SEK 695 million a year ago, with earnings per share after dilution of SEK 7.61 against SEK 6.45 a year ago. Operating cash flow amounted to SEK 196 million SEK 2,334 million a year ago. The operating cash flow was lower mainly as a result of utilization of and reduction in advances and milestone payments compared to the same period 2011. The outlook statement for 2012 has changed as a result of a positive non-recurring item during the first half-year. Now the company estimates that in 2012 sales will increase slightly compared to 2011. The operating margin in 2012, excluding material net capital gains and other non-recurring items, is expected to be in line with the operating margin in 2011, excluding material net capital gains, of 7.5%. In the previous outlook, the company estimated that sales will increase slightly compared to 2011. The operating margin in 2012, excluding material net capital gains, will be in line with the operating margin in 2011, excluding material net capital gains, of 7.5%.

Saab Barracuda LLC to Report Q2, 2012 Results on Jul 19, 2012

Saab Barracuda LLC announced that they will report Q2, 2012 results at 7:30 AM, Central European Standard Time on Jul 19, 2012

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