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Commenting article: Saab, Brazil Seal USD 5.4 B Deal for 36 Gripen Jets

Swedish defense group Saab AB has signed a deal with Brazil for development and production of thirty-six Gripen NG fighters, the manufacturer itself said in a statement.

An Industrial Cooperation Contract to deliver "substantial technology transfer" from Saab to the Brazilian industry was has also been signed between the two parties.

As many as 28 single-seat and 8 two-seat aircraft are to be deliveried to the Brazilian air force starting 2019.

Swenson - 4 Nov 2014 // 01:18:53

Good deal

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