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Tuesday, December 04, 2012

Sweden cuts price on Czech combat jets offer-paper

JAS-39 Gripen |Sweden has agreed with the Czech Republic to lower the price on an extended lease of Gripen fighter jets after threats to find another aircraft, daily newspaper Lidove Noviny said on Monday, citing the Czech defence minister.

The Czechs' existing contract expires in 2014 for the lease of 14 Gripens made by Saab and the country is under pressure to find a cheap replacement or an extension, as the army budget shrinks.

"The current offer is much more advantageous than the original one," the paper quoted Defence Minister Alexandr Vondra as saying. "The price was reduced by roughly one billion (crowns)," Vondra told the daily.

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