Saab Microwave systems is a Swedish company which was founded in 1956 as Ericsson Microwave Systems. The business was acquired by Saab and renamed in 2006. The main market for the company is in the sensor and telecommunications weapons field. Its most important markets today are Europe, South Africa, Australia and the US. Saab has around 12,500 employees. Annual sales amount to around SEK 24 billion, of which research and development account for about 20 per cent of sales. * Aeronautics * Dynamics * Electronic Defence Systems * Security and Defence Solutions * Support and Services