While Europe’s defense budgets are skyrocketing, the Wallenberg-controlled company Saab is spending ever-larger sums to influence decision-makers in Washington and Brussels. In the U.S., the company has spent approximately 130 million kronor on federal lobbying over the past ten years.
The defense industry is a sector where political decisions can determine which companies gain access to billion-krona contracts and large public orders. As Europe’s military buildup accelerates, contacts between the industry and policymakers are therefore becoming increasingly important. Saab’s reported lobbying expenses show how the Wallenberg-controlled company has stepped up its lobbying efforts on both sides of the Atlantic.
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