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Saturday, March 23, 2013

Saab receives second development order for Gripen E from FMV

Gripen E/F |Defence and security company Saab has, within the framework of the agreement with the Swedish Defence Materiel Administration (FMV) that was made public on February 15 2013, received a development order amounting to SEK 10.7 billion for operations during 2015-2023.

The agreement with FMV on Gripen E, that was made public on February 15 2013, includes the development and modification of Gripen E for Sweden during the period 2013-2026 as well as a possible order for new production of Gripen E for Switzerland.

FMV has today placed an order for the remaining development work for Gripen E corresponding to SEK 10.7 billion. The order includes definition and development work as well as adaptation of test and trial equipment, simulators and rigs.

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