Translation by google.

The US does not want the Gripen to be sold to Colombia and threatens a veto.

Saab denies the reports.

– We are convinced that the Gripen is the fighter aircraft that best meets Colombia’s needs, says communications director Viktor Wallström.

The US intends to try to stop Saab’s sale of the Gripen fighter aircraft to Colombia, writes the Spanish defense website Infodefensa.

According to reports, the country will veto the sale, citing the fact that the Gripen is built partly with American components, such as the F414-G engine from General Electric.

According to Infodefensa, the American action is based on dissatisfaction with the Colombian procurement. They want to get Colombia to choose the American F-16 plane from Lockheed Martin instead.

A Swedish JAS 39C Gripen. Risks losing 21 billion

If the American veto were to pass, it would mean that the deal between Saab and the Colombian defense cannot go through. This would be a major blow to the Swedish defense industry company.

According to Infodefensa, the purchase involves ten Gripen aircraft worth $2 billion, equivalent to 21.2 billion kronor. However, there are no official details about the deal, which has not yet been finalized.

The American bid has been rejected by Colombia because it was considered too expensive. Above all, it is the infrastructure around the American F-16 that is considered significantly more expensive than the equipment around the Gripen.

Saab’s response: Not correct

Richard Smith, Marketing and Sales Manager for Gripen at Saab, writes on Platform X that the information in the Spanish newspaper is not correct.

“This misleads the reader” and “all relevant licenses and permits are in place,” he writes, adding that the Gripen E is the perfect choice for Colombia.

According to Viktor Wallström, Saab’s Head of Communications and Sustainability, it is normal for procurements of fighter aircraft to be surrounded by rumors.

– We currently have no indications that the information that is now circulating in the media is correct, and therefore have no reason to speculate further about it. We have a good relationship with our American suppliers and our offer for Gripen to Colombia remains, says Viktor Wallström in a statement. Share price drop after rocket development

The information caused Saab’s share to plunge on the stock exchange on Wednesday morning. One hour after opening, the price had fallen by 3.6 percent.

However, the development can be seen in the light of the fact that the Saab share has been performing like a train since Russia began its war of invasion against Ukraine. From February 2022 to today, the share has increased by around 350 percent.

Recently, Saab, along with many other listed companies in the defense industry, has seen a positive price trend. This is explained by the prospects for a possible peace in Ukraine and expectations of heavy defense investments in Europe in the future.

By lunchtime, the stock had recovered somewhat and was down 1.21 percent.

  • @[email protected]
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    613 hours ago

    Firstly: Why does the US have a say in that?

    Secondly: Separation from the US new imperialistic ambitions starts at the personal level. Use Deepl instead of Google for translations. The quality is better as well.

    • @[email protected]
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      512 hours ago

      Firstly: Why does the US have a say in that?

      Due to integral parts of the aircraft coming from the US. As stated, the engine is from General Electric, giving the US a lever to block the sale. This is quite common, especially for engines, which are very expensive to develop, and as long as everybody get’s along, that’s no problem.

      That also was a problem for the Russians in their civil aviation when western companies left the market. Even new Russian airplanes had so many parts from America/Europe that they had to first be “Russianised”.

      In our case here it clearly shows the urgent need again to decouple from the US as fast as possible. Especially in defense, all key parts should be from Europe.

      Secondly: Separation from the US new imperialistic ambitions starts at the personal level. Use Deepl instead of Google for translations. The quality is better as well.

      Absolutely true!

  • @[email protected]
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    613 hours ago

    Translation by google.

    Use DeepL instead it is not only better, but also European

    This means either F-16 or Rafael for Colombia. Seems like they do not consider Eurofighter, which would be another option.

    • @[email protected]
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      111 hours ago

      It’s a matter of cost. With the actual cost for the jets being secondary. It’s the logistics and support for an air frame that’s expensive.

      And there is basically no jet beating Gripen in that regard as they were designed from the beginning with easy and mostly decentralized maintenance by conscripts in mind. Basically if you have any street that can work as a runway, some shed to park them in and a couple of people trained for a few weeks you are good to go…

      When they rejected F-16s because of the higher cost, Rafale or Typhoon are totally out of their league.

    • ECCE GATTO
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      111 hours ago

      I use DeepL in my translations or the in-build translator on the Vivaldi browser. They do a pretty good job.

    • Ziggurat
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      411 hours ago

      In civil aviation the 737 Max is just a 737 with a newer engine. Still requested a lot of re-design on Boeing side, and ended-up with the whole MCAS scandal.

      I really doubt that you can just mount a M88 on a Grippen without a huge retrofit project. Is that possible ? May-be. Is it gonna be cheap ? Nope