(IN BRIEF) Saab has secured a contract with the Swedish Defence Materiel Administration (FMV) to deliver four additional Gripen C fighter aircraft to Hungary. This follows an amendment to an existing agreement dating back to 2001. With this order, Hungary’s fleet of Gripen C/D aircraft will total 18 units, enhancing its air force capabilities for protecting both national and NATO airspace. Saab also commits to providing ongoing support and upgrades for Hungary’s fighter fleet. Additionally, Saab and the Hungarian Ministry of Defence have signed a Memorandum of Understanding (MoU) to collaborate on high-tech industrial development and the establishment of a Centre of Excellence for VR technologies in Hungary.
(PRESS RELEASE) STOCKHOLM, 23-Jan-2024 — /EuropaWire/ — Saab AB (STO: SAAB-B), leading company in the military defence and civil security markets, announces that it has finalized a contract with the Swedish Defence Materiel Administration (FMV) for the delivery of four additional Gripen C fighter aircraft to Hungary. This order represents a significant milestone in Hungary’s efforts to bolster its air force capabilities and further solidifies its strategic partnership with Saab.
The contract, signed following an amendment to the existing agreement between FMV and the Hungarian Government dating back to December 2001, underscores Hungary’s commitment to enhancing its aerial defence capabilities. With this latest addition, Hungary’s fleet of Gripen C/D aircraft will total 18 units, providing essential protection for both Hungarian and NATO airspace.
Micael Johansson, President and CEO of Saab, expressed enthusiasm for the continued collaboration with Hungary, stating, “With the Gripen fighter, Hungary has one of Europe’s most capable air forces. We look forward to continuing our close collaboration with the Hungarian Government and defence industry.”
In addition to the Gripen aircraft delivery, Saab remains committed to providing ongoing support and upgrades for Hungary’s fighter fleet, extending beyond 2035. This commitment underscores Saab’s dedication to ensuring the long-term operational readiness and effectiveness of Hungary’s air force.
Furthermore, Saab and the Hungarian Ministry of Defence have inked a Memorandum of Understanding (MoU) aimed at fostering the development of high-tech industrial areas and advancing fighter aircraft capabilities. This collaborative effort includes support for the establishment of a Centre of Excellence for VR technologies in Hungary, highlighting the mutual commitment to innovation and technological advancement.
The Gripen order for Hungary not only signifies a significant milestone in Hungary’s military modernization efforts but also reinforces Saab’s position as a trusted partner in providing cutting-edge solutions for air defence needs worldwide.
Media contact:
Saab Press Centre
+46 (0)734 180 018
presscentre@saabgroup.com
Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 22,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.
SOURCE: Saab AB
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First published in this link of EuropaWIRE.
