Swedish Air Force in big Saab order

Swedish aerospace company Saab has received a 574 million kronor ($95.5 million) order from the Swedish Armed Forces for equipment for its Gripen fighter planes.

The order will see the Swedish Air Force’s planes equipped with so-called electronic warfare systems and weapons pylons. The order was placed by the Swedish Defence Materiel Administration, FMV, the arms procurement organization of the Armed Forces.

Saab said in a statement that deliveries would start this year and be completed by 2011.