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Wednesday, June 23, 2010

Gripen Czech Republic Offset Programme successfully completes second contractual milestone

JAS-39 GripenGripen International has announced succesfull fulfillment of the second contractual milestone of the Programme of Industrial Cooperation accompanying the lease of 14 Gripen fighters provided by the Swedish government.

According to the Annual Report on Offset performance for the calendar year 2009, approved by the Czech Ministry of Defence, the Gripen offset programme has by the December 31st 2009 generated 19.92 billion CZK of cummulative offset value for the Czech Republic.

For the calendar year 2009 transactions value of 3,68 billion CZK have been approved.

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