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Saturday, April 30, 2011

Saab Targets Smaller Gripen Orders After Losing Bid for India

JAS-39 GripenSaab AB, the Swedish maker of the Gripen jet fighter, is focusing on winning smaller orders from as many as nine countries after being excluded from India’s military program, Chief Executive Officer Hakan Buskhe said.

Saab sees potential for Gripen orders in Brazil, Romania, Croatia, Denmark, the Netherlands, Switzerland, Bulgaria, Hungary and the Czech Republic, Buskhe said in an interview today. Hungary and the Czech Republic are existing customers that may expand their orders, he said.

“We feel good about the Gripen program, it has lots of potential,” Buskhe said, adding that it “remains a profitable business.”

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