The investment will support maintenance of the General Electric F414 engines that equip Sweden’s new Gripen E fighters and older F404 engines on its Gripen C/D.
The contractual agreement enables Canada to order the first four F-35As for delivery in 2026 in the Lot 18 production standard, with 84 more delivered by 2034.
As development starts winding down, Saab’s Gripen E unit is focusing on improving the global fleet of C/D models and starting to consider what comes next.