Saab Signs Agreement for the Next Generation Fighter Aircraft Gripen E and Receives Development Order

businesswire.com - 2/16/2013

Defence and security company Saab has signed an agreement with the Swedish Defence Materiel Administration (FMV) for Gripen E. The agreement includes development and modification of Gripen E for Sweden during the period 2013-2026 and a possible order for new production of Gripen E from Switzerland. FMV has today placed an initial development order of SEK 2.5 billion for operations during 2013-2014.

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