Search This Blog


Saturday, April 11, 2015

Brazil prosecutors probe Sweden's fighter jet deal

JAS-39 GripenA 39.3 billion kronor ($5.5 billion) deal signed by Swedish defence company Saab to build and sell 36 Jas Gripen fighter jets to Brazil is being investigated by Brazilian prosecutors.

The Brazilian federal government and Saab officially signed the contract in October, after a year of negotiations.

The total price of the jets had then gone up by $900 million (around 8.3 billion kronor in today's exchange rate), which prompted Brazil's government secretariat to initiate a probe into why the bill had sky rocketed.

Read more

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.