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Gripen International: SAAB's role in the joint-venture with BAe increased

Stockholm, Sweden - British Aerospace to lower its stake in the light of the increased role played by the Swedish company in the international market

British Aerospace will lower its stake in the joint-venture founded ten years ago with SAAB and named Gripen International. It was recently unveiled by both the partners of the programme aimed to promote the JAS-39 Gripen multirole light fighter in the international market. Such a decision would have been considered on the basis of the growth performed by the Swedish aerospace firm even from a promotional...

AVIONEWS - World Aeronautical Press Agency - 109467

AVIONEWS - World Aeronautical Press Agency
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