Saab signs $2.3B contract for Gripen E fighters for Ukraine

Investing.com -- Saab has signed a contract with the Swedish Defence Materiel Administration for 16 Gripen E fighter aircraft designated for Ukraine. The deal is valued at approximately SEK 24.6 billion and will be recorded in the third quarter of 2026.

The Swedish defense company will deliver the aircraft to FMV between 2029 and 2030. The contract includes spare parts and related items and equipment in addition to the fighter jets.

"I am deeply proud that Sweden and Saab can now enable the provision of Gripen E to Ukraine, bringing a world-class fighter that will transform the Ukrainian Air Force's capability. This will significantly strengthen Ukraine's air defence and help ensure the nation can protect its people and safeguard its future," said Micael Johansson, President and CEO of Saab.

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