It's not just the Gripen's engine that's American. Swedish arms manufacturers are heavily dependent on American components. Reducing Europe's dependence on the US has become a much higher priority, says Martin Lundmark, senior lecturer in defense systems at the Swedish National Defense University.
BusinessThe defence stocks have soared after signals that massive defence investments are expected in Europe. However, the risk is that the industry cannot scale up at the same pace. It can become a huge bottleneck, says Martin Lundmark at the Defence University.
BusinessThe Thai air force has made its choice and decided that it wants to buy Jas Gripen planes. But the deal must also be approved from the Swedish side – and there is one thing that could put a spanner in the works, according to an expert.
BusinessThailand's air force announces that it has decided to buy Saab's Gripen planes. Extremely positive for Saab, says the company's press chief, who confirms the information.
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