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Saab wins 303M dollar order from Sweden

Swedish defence group Saab has received a 303 million dollar order from Sweden for continued work on future military aircraft. The contract runs through 2028 with potential extensions to 2030.

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The Saab Technologies logo is displayed during the fifth day of Dubai Air Show in Dubai, United Arab Emirates November 21, 2019. REUTERS/Christopher Pike

SAAB AB-B secured a 2.9 billion crown ($302.99M) order from Sweden on Wednesday morning to develop technologies for future manned and unmanned military aircraft. The contract spans from 2026 through 2028, with extension options running to 2030. The defense manufacturer produces the Gripen fighter jet.
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