Saab Wins Swedish Gripen Maintenance Support Contract

Saab has won a $17.8 million contract from the Swedish Defence Materiel Administration (FMV) to provide support and maintenance for Gripen during 2016 on behalf of the Swedish Armed Forces.

In 2012 Saab signed a contract with FMV for performance-based support and maintenance of the Gripen fighter.

This latest order for services in 2016 is confirmation of an option held under that 2012 contract. The order includes support and maintenance operations with a focus on technical support, publications and component maintenance to support the continued operation of Gripen, the company announced today.

“This order for performance-based support and maintenance guarantees efficient operations and availability for the Gripen fighter over the coming years,” said Jonas Hjelm, Head of Saab´s Business Area Support and Services.

The original June 2012 contract with FMV includes options for additional orders up to a maximum value of $158 million to the period ending in December 2016. With this order, a total of $142.3 million of the available options has been exercised.