30 Sep '12, 5pm

Will Exit Clause Doom ‘Super' Gripen?

STOCKHOLM — A pending deal for Sweden and Switzerland to acquire Gripen-NG fighters is on shaky ground after Sweden said that if Switzerland pulls out of the deal — and no other international partner can be found to take its place — Sweden will no longer fund the project either. The move prompted French firm Dassault to resubmit an offer to sell its Rafale fighter jets to the Swiss in lieu of the Gripens. Switzerland had planned to acquire 22 aircraft from Saab, while the Swedish government was on board to buy 60 to 80 aircraft from the company as part of an agreed fighter development and cost-sharing partnership arrangement. But the Swedish government last month confirmed the existence of an “exit clause” that gives it the right to halt funding to the “super” JAS Gripen-NG E/F program if Switzerland withdraws from the project and an alternative foreign partner cannot be f...

Full article: http://www.defensenews.com/article/20120930/DEFREG01/3093...

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Will Exit Clause Doom ‘Super’ Gripen? via @defe...

defensenews.com 30 Sep '12, 5pm

STOCKHOLM — A pending deal for Sweden and Switzerland to acquire Gripen-NG fighters is on shaky ground after Sweden said t...

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