Saab receives development order for Gripen E

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Defence and security company Saab has received a development order for Gripen E from the Swedish Defence Materiel Administration (FMV). The order is part of the Gripen E framework agreement from 2013 and is valued at SEK 385 million.

“The work on Gripen E goes according to schedule and budget. The order is part of the high-tech development of the next generation Gripen system to Sweden”, says Ulf Nilsson, Head of business unit Gripen within Saab’s business area Aeronautics.

Gripen is unique in combining high technology and capabilities with cost efficiency. Gripen E has significant performance improvements, including a more powerful engine, longer range, more weapons, new AESA radar and more advanced avionics.