Gripen Abides

Sweden recently announced another export customer for its JAS 39E Gripen jet fighter. This time it was Brazil, which ordered 36 aircraft. This is the largest export order so far. Most of the other five export customers received only 14 aircraft, and often on lease, not purchase. Brazil is buying the Gripens for $150 million each (including spares, training and support). The Brazil sale might still be cancelled, but that appears unlikely.

See the full article at Strategy Page