The order value amounts to approximately SEK 12.3 billion and deliveries will take place between 2029 and 2032, according to a press release from Saab.
The order also includes ground equipment, training and support.
The agreement also includes an option for France to purchase two additional aircraft.
"Today's agreement underlines the strong partnership between Saab and France. By choosing Globaleye, France is investing in a very modern and capable airborne solution for reconnaissance and command and control. The choice strengthens France's commitment to safeguarding its sovereignty and strengthens NATO's overall protection, with both Sweden and France as operators of Globaleye," said Micael Johansson, President and CEO of Saab, in the press release.
“Deepening defense cooperation”
In June, the parties signed a letter of intent regarding the purchase of two Globaleye aircraft.
Pål Jonson wrote on X that the purchase will "contribute to further deepening defense cooperation between our countries and also strategic defense equipment cooperation."
Cooperation between Swedish and French defense companies will also be strengthened, according to Jonson.
"Advanced early warning and situational awareness are crucial in today's threat environment. The Swedish defense industry is now strengthening Europe's defense capabilities and security."
The stock is rising
The United Arab Emirates already operates five Globaleye aircraft, and, in addition to France, Sweden has ordered three aircraft.
Since a collaboration between the United States and several European countries to order new radar and signals intelligence aircraft from American manufacturer Boeing was put on hold in November, interest in other alternatives has increased.
Saab's stock rose sharply on the Stockholm Stock Exchange after the news and closed up 2.7 percent.
