Saab To Supply Gripen NG Weapons To Brazil

Saab announced today that it will deliver Gripen NG weapons to Brazil as per a $245 million contract signed with Brazilian MoD through the Aeronautics Command (COMAER).

The order is expected to be booked by Saab during the second half of 2015.

The weapon acquisition contract includes weapon deliveries by Saab and suppliers which have been selected by the customer, for the Brazilian Gripen aircraft. The weapon deliveries will be made in relation to deliveries of the Gripen NG aircraft to the Brazilian Air Force.

The contract supplements the existing contract with Brazil concerning development and production of 36 Gripen NG, which was announced on 27 October 2014.

The effectiveness of the weapon acquisition contract is subject to fulfillment of certain conditions. These include, among others, necessary export control-related authorizations. All conditions are expected to be fulfilled during the second half of 2015.