© aydindurdu dreamstime.com
Electronics Production |
Saab Gripen NG contract with Brazil becomes effective
Saab has signed 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.
The order value of approximately SEK 39.3 billion (roughly EUR 4.18 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.
“Through the Gripen NG programme, we continue to build on the industrial relations between Brazil and Sweden. I am confident that this important programme will serve as a platform for new business and contribute to the growth of both the Brazilian and Swedish industry,” says Marcus Wallenberg, Chairman of Saab’s Board of Directors.
“This important milestone marks the formal start to the Brazilian Gripen NG programme. We will now work full speed ahead to ensure timely deliveries of Gripen NG to Brazil. Our partnership with Brazilian industry strengthens Saab’s position in Latin America and supports our strategy for growth through industrial co-operation,” says Håkan Buskhe, President and CEO of Saab.
The technology transfer programme aims to further contribute to the development of an independent, advanced defence industrial base in Brazil. Brazilian engineers and technicians will come to Saab for education and on-the job-training in Sweden starting in October 2015.
