Shares of Saab climbed 6% after the defense company announced the successful upgrade of the HMS Halland submarine.

On Thursday 13 February, the submarine HMS Halland was launched after a comprehensive mid-life upgrade at Saab's shipyard in ...

The crazy thing about this situation is that the Gotland-class boat only cost about $100 million to build where, whereas the Navy's aircraft carrier tips the financial scales at $4.5 billion.

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