Friday, 12 May 2017

Saab confident in next-generation Gripen exports

Saab has heightened confidence for Gripen exports

By: Gerard O'Dwyer, April 28, 2017

HELSINKI — Saab has a new elevated confidence that it can export the next-generation JAS 39 Gripen fighter jet to more countries. Group CEO Håkan Buskhe believes the trend toward higher spending on defense, both in Europe and globally, will help create demand and bolster the Swedish fighter’s export potential.

The renewed confidence in the next-generation Gripen is based on Saab’s belief that future government capital spending on military aircraft will emphasize shorter lead-in and delivery times. The added optimism is also based on wider global interest in the Gripen. 

Saab has estimated prospective export sales for the Gripen of about 300 units over the next 15 years. Based on expanded interest in the aircraft, this number could potentially rise well above 300..........Read entire post:

 Saab recorded sales of $656 million during the January-March time frame. This was a 9 percent increase compared to the corresponding first quarter result in 2016. 

A larger-than-anticipated demand for the Gripen is likely to emerge in Europe as some countries accelerate their fighter fleet replacement programs. 

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