Saab and FMV Sign Contract for new Gripen E Equipment

Saab has received an order from the Swedish Defence Material Administration (FMV) regarding new equipment for Gripen E. This is a supplementary contract to the original Gripen E contract from 2013. The order value amounts to approximately SEK 1.4 billion.

The original contract, regarding development and modification of Gripen E, signed 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 service, while Gripen E is being delivered and introduced to the Swedish Armed Forces.