Saab, FMV Sign Contract for New Gripen E Equipment

Date:

Stockholm. Saab has received an order from the Swedish Defence Materiel Administration (FMV) regarding new equipment for Gripen E, a company press statement said on December 21.

This is a supplementary contract to the previous Gripen E contract, and is valued to approximately SEK 430 million.

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The original contract, regarding development and modification of Gripen E, signed with FMV in February 2013, was based on the terms that certain equipment from the existing Gripen C/D fleet within the Swedish Armed Forces should be reused.

Instead of reusing equipment from the Gripen C/D, new equipment is acquired for a part of the total Swedish order of 60 Gripen E aircraft. This approach secures the availability of the Swedish Gripen C/D fleet in operational service, while Gripen E is being delivered and introduced to the Swedish Armed Forces.

In December 2017 Saab received a supplementary contract from FMV for new equipment for Gripen E. This second supplementary contract covers another batch of new equipment.

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