Sales rose by 1.4 percent to SEK 9.2 billion, while order intake rose by 38 percent to SEK 8.1 billion.
The stock was down slightly at the stock market opening, but turned to plus a few hours into trading.
So far this year, Saab's share has risen by nearly 70 percent, with most of the increase since the Russian invasion began.
The company's CEO Micael Johansson writes in the report that the growing concern in the outside world means that the company, like many others, sees continued challenges in the supply chain.
At the same time, the company writes that it is ready to deliver on "customers' increasing needs" and refers to the fact that the changed security situation in Europe has led to several countries, including Sweden, having increased their defense budgets.
"But given the long-term nature of the industry, future expected sales growth may take some time," writes Micael Johansson.
The company maintains its forecast of a sales increase of 5 percent for the full year.