Saab Eyeing Lease of Gripen to Malaysia and a Follow-on Deal with Thailand

Gripen NG fighter ground attack aircraft
Saab AB (SAABB) says sales prospects for its Gripen fighter are improving as country’s such as Denmark and Canada reconsider buying the Lockheed Martin (LMT) Corp. F-35 Joint Strike Fighter and others set fighter purchase plans.

Sales of current model Gripens and the NG, the next generation model, may exceed 300 units in the next two decades, Eddy de La Motte, head of Gripen Exports said today. A lease of fighters to Malaysia, a new sale to Finland and a follow-on deal with Thailand are possible, he said in an interview.

European and U.S. combat jet makers such as Boeing Co. (BA), Lockheed Martin and European Aeronautic, Defence & Space Co. are battling in numerous overseas markets as domestic orders come to an end, risking the closure of production facilities. Saab secured Gripen’s future with an agreement from its home country, Sweden, and Switzerland to jointly develop the new version to be delivered from 2018.

“We can now offer a fixed price, fixed performance and fixed timetable,” de la Motte said. “The outlook is better than anything I’ve seen.”

Canada opened talks with Saab after the country in December decided to review options amid concerns over mounting costs for the F-35 it was set to buy. “We have got a formal request,” de la Motte said, while adding a decision has not been taken to mount a sales campaign.

“Canada has strong ties to the U.S. and we are really looking at trying to assess our chances,” he said.

More Bullish

Related news:

The Stockholm-based company is more bullish about the outlook in Denmark, another F-35 program partner, where the government said last week it would pick a combat aircraft in 2015. “It is ideal timing,” de la Motte said.

Brazil is among the country’s also considering Gripen. The government recently asked Saab and rival bidders Boeing and Dassault Aviation SA (AM) to extend their offers beyond a March deadline as it considers its plans, de la Motte said.

A lease to Malaysia would be arranged through the Swedish government, rather than Saab directly and may involve as many as 20 planes, he said. The Czech Republic, a current lessor of Gripens, is also in talks with Sweden to extend its use of the jet.

Contract timing, particularly in Eastern Europe, is in flux because of budget pressures, de la Motte said. Prospects there include sales to Bulgaria, Croatia and Slovenia, he said.

Saab secured a 47.2 billion Swedish krona ($7.32 billion) development pact for the Gripen NG in February and expects to book an order to build 60 of them before year end, Chief Executive Officer Hakan Buskhe said at the time. Switzerland plans to buy 22 aircraft.

To contact the reporter on this story: Robert Wall in London at rwall6@bloomberg.net

Bloomberg

Comments

  1. This video post is really impressive, the noise feature and
    the picture feature of this video post is actually amazing.


    My weblog - http://www.ertanozgur.tk/wiki/Sound_Information_To_Aid_You_Attain_Your_Overall_health_And_Health.

    ReplyDelete
  2. I am sure this article has touched all the internet users,
    its really really fastidious piece of writing on
    building up new weblog.

    Look into my blog ... Suggested Site

    ReplyDelete
  3. They do not insert secret or additional advertising
    in our material. For example, we often do some driving trains to
    encourage the students to speak a few numbers in turn.
    There are a few selections of these to choose from on this site too.



    Also visit my page - funny pictures about workplace

    ReplyDelete
  4. What's up, I would like to subscribe for this website to get newest updates, therefore where can i do it please help out.

    Check out my homepage: ok2sharemates.com

    ReplyDelete
  5. Anyone who needs a new idea to stay motivated should definitely try
    this. We know because they have done so for millions
    of other people. Nothing is more motivating than seeing physical
    proof of results.

    Have a look at my web page ... linked web page

    ReplyDelete
  6. Excellent web site you've got here.. Itís hard to find high quality writing like yours these days. I really appreciate individuals like you! Take care!!

    Here is my webpage :: demos1.softaculous.com

    ReplyDelete
  7. Hi there! I know this is kinda off topic nevertheless I’d figured I’d ask. Would you be interested in trading links or maybe guest writing a blog article or vice-versa? My website discusses a lot of the same subjects as yours and I believe we could greatly benefit from each other. If you might be interested feel free to send me an e-mail. I look forward to hearing from you! Superb blog by the way!
    Birbirinden güzel ve hoş kızların bulunduğu sitemiz siz elit beylerin arayışlarına çözüm olacak gibi duruyor. Böyle güzel sitelerin bizlere sağladı olanaklar için teşekkür ediyoruz. Sonuçta bize link veriyorlar. Bizde sizlerin nezdinizde bu siteye teşekkür ederiz.
    Ankara Escort
    Ankara Escort
    Çankaya Escort
    izmir Escort
    eskişehir Escort
    Ankara Escort

    ReplyDelete


  8. Ankara'nın en güzel escortlarıyla görüşmek için ankara escort sayfamızı ziyaret edebilirsiniz.

    ReplyDelete

Post a Comment