The first half of the year has been shaped by a global environment in which geopolitical uncertainty, rapid technological development and rising demands on preparedness continue to reshape both society and business. In this context, the right skills, responsible and secure technology, and the ability to collaborate across sectors are decisive. Combitech has therefore continued to invest in employee development, methodological innovation and advanced computing capacity, with a particular focus on AI, cyber security, digitalisation and total defence.

As the pace of change accelerates and the operating environment evolves, developing technology alone is not enough. Real value comes when human expertise, new ways of working and advanced technologies reinforce one another. Therefore, Combitech has used AI-based tools to listen broadly to employees' perspectives on transformation, development and culture. The initiative is part of the company’s vision, The Home for Human Superpower – a place where people’s capabilities and skills grow alongside technology and translate into robust solutions for customers, society and defence.

Cyber security that strengthens preparedness and defence

Total defence continues to occupy a central place in public debate. The role of the private sector, the need for resilient solutions, and the importance of building capabilities together are being discussed more widely than before. These are questions Combitech has raised for years, and that the company’s annual Total Defence Report continues to highlight.

A significant development in strengthening critical infrastructure was the framework agreement awarded to Combitech by the NATO Communications and Information Agency (NCIA) within the field of cyber security. Through this agreement, Combitech can contribute to enhancing the protection, resilience and interoperability of the communications and information systems that support the Alliance.

“We are proud that the NATO Communications and Information Agency have awarded Combitech a framework agreement in cyber security. It is a strong endorsement of our expertise and our ability to contribute to greater security and cooperation internationally. We are also seeing growing engagement around preparedness and total defence across the Nordic region, and through stronger collaboration between industry, the public sector and other actors in society, we can build a more resilient society together,” says Jessica Öberg, CEO of Combitech.

Key events during the quarter

• Strong order intake within the defence segment, including contract extensions and additional orders from the Swedish Defence Materiel Administration (FMV).
• The NATO Communications and Information Agency (NCIA) awarded Combitech a framework agreement in cyber security, aimed at strengthening the protection and resilience of NATO’s solutions.
• Combitech has intensified its support for Saab’s digital software transformation through its team in India, providing access to strong expertise in modern development environments with a focus on next-generation technologies and AI-driven solutions.
• Combitech’s Total Defence Report, now in its fourth year, shows that 62 per cent of companies have reviewed or plan to review their preparedness. However, progress remains uneven, with a persistent gap between larger and smaller companies.
• Combitech was ranked among Sweden’s most attractive employers in Randstad’s employer branding survey and is one of the fastest-rising employers in Universum’s ranking of the most attractive employers among engineering students.
• During the quarter, Combitech used AI-based tools to capture a broad range of employee perspectives as part of its ongoing efforts to advance its vision The Home for Human Superpower.

Key figures for the period April to June 2026

(comparative figures for Q2 2025 in parentheses)

Sales: SEK 1331 million (SEK 1340 million)
Operating margin: 9.5% (8.4%)
Operating cash flow: SEK -136 million (SEK 37 million)
Number of employees at the end of Q2 2026: 2817 (2650)

For further information, please contact:

Ulrica Matsers, Head of People, Culture and Communication, Combitech
Tel: +46 734 46 00 70, Email: ulrica.matsers@combitech.com

Johan Andersson, Head of Investor Relations, Saab
Tel: +46 734 37 29 39, Email: johan.c.andersson@saabgroup.com