Saab buys into Brazilian company

Sweden's premier defense and security company, Saab, is strengthening its relationship with a Brazilian integrator of aero-structures. Saab, that maker of the Gripen jet fighter that has partnered in the past with the company Akaer, said it is now financially investing in the company. The investment is equivalent to a 15 percent stake in Akaer, whose advisory board will now include the Swedish company.

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