Saab has signed a €3.1 billion contract with Colombia for 17 Gripen E/F fighter aircraft including two twin-seat Gripen F fighters to be delivered between 2026 and 2032, following orders from Thailand recently, a Ukrainian letter of intent for hundreds of aircraft and strong prospects coming up in Canada.
18 European Union member states have asked for loans worth €127 billion under the new €150 billion SAFE fund for defence spending with the deadline for formal submission of requests under SAFE to end on 30 November 2025.
Unsurprisingly, India’s two largest defense suppliers are also the biggest exhibitors at the show. Israel has taken up the most space at the show with 1,293 square meters and Russia brings the largest number of companies to the show, with the count at 37.
The fighter aircraft company has been accused of corruption in pushing forward sales to South Africa with Nobel Laureate Desmond Tutu coming out strongly against the South African arms contract, which also raises common allegations against South African president-in-waiting Jacob Zuma. Other deals with Hungary and the Czech Republic have also been under the scanner for alleged kickbacks being paid for the proposed purchase of the Gripen fighter.
