:

$4.7 Billion Saab Gripen Contract With Brazil Comes Into Effect

Thursday, September 10th, 2015

SHARE:

$4.7 Billion Saab Gripen Contract With Brazil Comes Into Effect

Gripen Aircraft. Photo: Saab.

A Saab AB contract with the Brazilian government worth $4.7 billion to develop and produce 36 Gripen NG aircraft has come into effect, the company said Thursday.First announced Oct. 27, 2014, the Brazil-Saab contract came into effect as all required conditions have been fulfilled and the company booked it as an order intake (Defense Daily, Oct. 31, 2014). An associated industrial co-operation contract (which includes technology transfer to Brazilian industries) also came into effect, signed in October 2014 as well.The…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]