Saab proposes local Gripen fighter production in Canada

Saab CEO Micael Johansson has proposed establishing a manufacturing hub in Canada to produce Gripen fighter jets. This proposal is part of a strategy to advocate for a mixed fleet where Gripens would operate alongside Canada’s F-35 aircraft.

Johansson stated during a third-quarter earnings call that the Gripen would provide combat mass and greater flexibility for operating from dispersed air bases, complementing the specific capabilities of the F-35. The industrial package includes cooperation with Canadian companies to build sovereign defense capabilities.

Additionally, Saab is negotiating a contract for six GlobalEye airborne surveillance aircraft. A term sheet has been signed to establish the framework for this agreement, which also includes a proposed production hub in Canada, though Saab would remain responsible for final delivery.