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October 19, 2014

Sweden orders Gripen E support and maintenance systems from Saab

Saab has secured a contract to supply Gripen E role equipment to the Swedish Defence Materiel Administration (FMV).

Saab has secured a contract to supply Gripen E role equipment to the Swedish Defence Materiel Administration (FMV).

Valued at SEK5.8bn ($802m), the contract also requires the company to provide support and maintenance equipment for the multi-role fighter aircraft.

The contract represents the fourth order under an agreement signed between the company and FMV in February 2013, covering activity for Gripen E from 2013 to 2026.

Saab secured three orders linked to the development and production of the aircraft last year, with the last covering modification of 60 Gripen C to Gripen E for the Swedish Air Force. Initial deliveries are scheduled for 2018.

The total value of the orders under the original agreement, including those to be awarded in future, is estimated to be around SEK47.2bn ($7bn).

Saab senior executive vice-president and Saab business area Aeronautics head Lennart Sindahl said: "Work with Gripen E goes according to schedule and budget.

"This order represents another important step in Saab’s commitment to deliver the next generation of the Gripen system to Sweden."

"This order represents another important step in Saab’s commitment to deliver the next generation of the Gripen system to Sweden."

A next-generation version of the JAS 39 Gripen aircraft, the Gripen E features more powerful engines, a new active electronically scanned array (AESA) radar, advanced avionics, and upgraded presentation systems in the cockpit to successfully conduct longer missions.

Equipped with increased number of weapon pylons, the fighter has maximum payload and more internal fuel for improved range and endurance. It is expected to enable the Swedish Air Force to meet future operational requirements.

Saab were to supply 22 aircraft to Switzerland at an estimated cost of CHF3.1bn ($3.4bn) for replacement of the national air force’s F-5E/F Tiger fleet.

However, the plans suffered a setback when the Swiss voters rejected the proposal in May.

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