28 Feb '17, 5am

Swedish FMV updates Gripen fighter lease agreement with Hungary

The Swedish Defence Material Administration (FMV) has updated an agreement to give Hungary more flight time and updated aircraft. The additional agreement, signed to the lease agreement with Hungary for 14 Gripen C / D combat aircraft, gives Hungary 400 extra flight hours per year, increasing from 1,600 to 2,000 hours. As per the agreed terms, the Hungarian Gripensare to fly until 2026 and Sweden will provide support to cope with the extended flight time. The deal also requires FMV to upgrade the Hungarian aircraft to the latest version of the JAS Gripen, the Version 20, which Sweden currently uses. The agreement is also said to regulate the unused flight time and the effects of two previous incidents involving the Hungarian aircraft. Hungary initiated a ten-year finance lease with the Swedish government on 14 JAS 39 Gripen in 2006. The agreement, which also covers trainin...

Full article: http://www.airforce-technology.com/news/newsswedish-fmv-u...

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