The Brazilian government today announced the selection of Gripen NG. The
announcement today will be followed by negotiations with the Brazilian Air Force
aiming at a procurement of 36 Gripen NG.
The offer presented to the Brazilian Government by Saab includes Gripen NG, sub
-systems for Gripen NG, an extensive technology transfer package, a financing
package as well as long term bi-lateral collaboration between the Brazilian and
The announcement today will be followed by negotiations with the Brazilian Air
Force aiming at a procurement of 36 Gripen NG. After finalized negotiations an
agreement can be reached between Saab andBraziland an order for Gripen NG
”I am extremely proud of the confidence that the Brazilian government has placed
in Gripen NG. Saab regards the announcement today as a strong commitment of the
Brazilian Government and we are looking forward to provide the Brazilian Air
Force with the world-leading and most affordable fighter. Furthermore, this
announcement is very significant for the collaboration betweenBrazilandSweden.
We stand prepared to start the industrial collaboration as planned, with its
positive effects for Brazilian industry”, says Saab CEO Håkan Buskhe.
IfBrazilprocures the Gripen system it will be joining the countries operating
the Gripen System today:Sweden,South Africa,Hungary,CzechRepublic,Thailandand
the UK Empire Test Pilot School (ETPS).Switzerlandhas also selected Gripen as a
future fighter jet. During August and September 2013 both chambers of the Swiss
Parliament voted yes to the procurement of Gripen. A referendum on the
procurement is expected in 2014.
Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves new
technology to meet customers’ changing needs.
For further information, please contact:
Saab Press Centre, +46 (0)734 180 018, email@example.com
The information is that which Saab AB is required to declare by the Securities
Business Act and/or the Financial instruments Trading Act. The information was
submitted for publication on December 18 at 23.00.
GlobeNewswire, a NASDAQ OMX company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.