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Thursday, September 10, 2015

Gripen NG Contract With Brazil Becomes Effective

Saab Gripen NGOn 27 October 2014 Saab announced the conclusion of a contract with the Brazilian Federal Government for the development and production of 36 Gripen NG aircraft. The contract has now come into effect as all required conditions have been fulfilled.

Today, the order value of approximately SEK39.3 billion is booked by Saab as order intake. Gripen NG deliveries to the Brazilian Air Force will be undertaken from 2019 to 2024.

The associated industrial co-operation contract (including technology transfer to Brazilian industries), which was signed in October 2014, also comes into effect today.

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