Market Opportunities for Gripen E

Sep 16, 2013 ASDNews Source : Saab AB

During recent months the security and defence company Saab has met an increased interest in Gripen E, the next generation of its multirole fighter.

This is concurrent to the fact that Saab in February 2013 received an order from the Swedish Defence Material Administration (FMV) for the development of Gripen E and has started the assembly of the system.

Approximately 6000 fighter jets will need to be replaced on the world market during the coming 15-20 years (Source: IHS Jane´s 360). Due to Swedish export restrictions and other prerequisites, Saab has access to approximately half of this market. Previously Saab estimated that Gripen potentially could capture about 10 per cent of this market over the coming 15-20 years.

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