Colombia's High-Flying Deal: Saab's Gripen Takes Off

Colombia plans to purchase JAS Gripen fighter aircraft from Sweden's Saab, as reported by Swedish public radio. While the number of aircraft has not been disclosed, Saab is keen on expanding its presence in Latin America, with potential deals in Colombia and Peru, and production strategies involving Brazil.

Colombia is set to acquire JAS Gripen fighter jets from Swedish manufacturer Saab, according to a report from Swedish public radio SR. The report, which relies on unnamed sources, does not specify the number of aircraft to be purchased by Colombia.

Saab AB is focusing on bolstering its sales network in Latin America and has identified Colombia and Peru as prospective buyers for its Gripen fighter jets. This move comes as Saab is gearing up to produce the aircraft in Brazil, in collaboration with Embraer SA.

Despite repeated requests for further details, Saab has yet to issue an official comment on the reported purchase agreement with Colombia.

(With inputs from agencies.)