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© Saab Electronics Production | November 30, 2011

Report: Saab wins $3 billion Swiss deal

Switzerland will use Saab's Jas-39 Griopen to replace its fighter jet fleet, according to a report by Swiss newspaper Tagesanzeiger.
Citing unnamed sources, the newspaper reported the cost of purchasing 22 jets would be about 3 billion Swiss francs ($3.3 US billion), up to 1 billion less than the cost of competing models from Dassault Aviation and EADS. Although the deal is unconfirmed by the company, Saab stock went up 8.2 percent following the report.
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February 21 2019 2:28 pm V12.2.5-2