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Wednesday, April 16, 2014

Malaysia offered Saab fighter jets leasing deal

JAS-39 GripenSwedish aerospace and defence company Saab Group says it has packaged a “competitive and cost-effective” deal for the Malaysian government to lease its Gripen fighter aircraft.

Saab Asia-Pacific president and CEO Dan Enstedt said the company is fine-tuning the deal with the Malaysian government but said he could not disclose the numbers of aircraft or costs at present.

“The leasing deal between Saab and the Malaysian government will include the transfer of technology, which will be capable of adapting our open technology to integrate with the existing Malaysian legacy systems,” Enstedt said on the sidelines of the Defence Services Asia (DSA 2014) Exhibition and Conference in Kuala Lumpur yesterday.

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