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Tuesday, July 07, 2009

Saab Ready to Make Gripen Jet in Brazil, Marketing Chief Says

Gripen NGSaab AB, the Swedish maker of the Gripen jet fighter, is ready to make Brazil the manufacturing center for the aircraft to increase its chances of winning a $1.8 billion order and safeguard the model’s future.

Saab is prepared to shift as much as 50 percent of future Gripen production to the South American country, where the main competition to provide 36 warplanes is from Boeing Co.’s F/A- 18, Bob Kemp, marketing chief for the $50 million plane, said in an interview.

Final assembly work has already been offered to Empresa Brasileira de Aeronautica SA, or Embraer, he said.

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