Aviation

Colombia reviews €3.1 bn Gripen deal with Saab

Based on · First reported

  • The Colombian government is reviewing its Gripen fighter jet contract with Saab because of economic and contractual considerations, a deal valued at about EUR 3.1 billion for 17 aircraft. The review does not constitute a cancellation and the contract remains in force.
  • Negotiations with Saab are focused on assessing the payment scheme and the associated benefits of the agreement.
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