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Tuesday, January 24, 2012

Sweden approves 10-year extension of Hungary Gripen lease

JAS-39 GripenThe government of Sweden approved and ratified a ten-year extension of Hungary’s lease of Gripen fighter aircraft last week, daily Nepszabadsag said on Tuesday.

Sofia Karlberg, an official of the Swedish Defence and Security Export Agency (FXM), declined to reveal any further details of the modified contract other than the ten-year extension when asked by the paper.

Hungarian Defence Minister Csaba Hende said earlier that extending the lease until 2026 would save the state HUF 63bn.

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