Swedish defence group Saab AB said Wednesday it was “proud and delighted” over Switzerland’s decision to purchase 22 of its Gripen fighter jets to replace its ageing F5 fleet.
“Given that Switzerland is known globally for applying (the) highest procurement standards and requesting state-of-the art technologies, Saab is both proud and delighted that Gripen has been chosen as the Swiss Air Force’s future multirole fighter aircraft,” Saab said in a statement.
The Swiss selection “confirms that Saab is a market-leader in the defence and security industry and that Gripen is a world-class fighter system that provides the best value for money”, Saab CEO and president Haakan Buskhe said in the statement.
Gripen is already in service with the Swedish, Czech, Hungarian, South African and Thai air forces.
Saab saw its share price take off on the Stockholm stock exchange after the announcement, closing up 11 percent at 120 kronor in an overall market that closed up 5.14 percent.
Related Topic Tags
Related Defense, Military & Aerospace Forum Discussions
- Royal New Zealand Air Force
- The Royal Navy Discussions and Updates
- Ukranian Crisis
- RussianLand Forces Thread
- F-35 Program - General Discussion
- Iraq war/unrest/fighting
- Some newer stuff from me...so far
- Juan Carlos / Canberra Class LHD
- Merkava for Singapore ?
- Royal Australian Navy Discussions and Updates
- Russian Navy Discussions and Updates
- Royal Air Force [RAF] discussions and updates
- Singapore Army Pictures - 2014 Onwards
- How truly capable is the United States Navy?
- US Navy News and updates