Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

USA demands answers from Saab regarding Gripen deal

» Published: 10 October 2024

USA demands answers from Saab regarding Gripen deal
Photo: Andre Penner/AP/TT

The US Department of Justice is requesting information and answers from Saab regarding the Gripen affair with Brazil on 36 fighter jets.

The announcement about Brazil's purchase of 36 fighter jets came in 2014 and an agreement was signed the following year. Last year, Saab inaugurated a production line on site in Brazil where 15 of the 36 planes will be manufactured.

"Both Brazilian and Swedish authorities have previously investigated parts of the Brazilian procurement of fighter jets. These investigations were concluded without indicating any wrongdoing on Saab's part", writes the Swedish defense group and aircraft manufacturer in a press release, adding:

"Due to confidentiality, Saab cannot provide any further comments."

Thursday's announcement that American authorities are requesting answers from Saab regarding the Gripen affair with Brazil affected the Saab stock on the Stockholm Stock Exchange.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Tesla surged on mixed US stock exchange
1 MIN READ

Tesla surged on mixed US stock exchange

Major Banks' Profits Increase Again
3 MIN READ

Major Banks' Profits Increase Again

Upturn for the economy in the USA
1 MIN READ

Upturn for the economy in the USA

Setback for LKAB – new facility in Luleå
1 MIN READ

Setback for LKAB – new facility in Luleå

20 million in support to Northvolt suppliers
1 MIN READ

20 million in support to Northvolt suppliers

Northrop Grumman raises its forecast
1 MIN READ

Northrop Grumman raises its forecast

Klarna top executive forced to leave the board
2 MIN READ

Klarna top executive forced to leave the board

Unexpectedly high profit for Stockholm Stock Exchange owners
1 MIN READ

Unexpectedly high profit for Stockholm Stock Exchange owners

Sold at a loss for Harley-Davidson – forecast lowered
1 MIN READ

Sold at a loss for Harley-Davidson – forecast lowered

Final Repository for Nuclear Fuel Approved by Court
2 MIN READ

Final Repository for Nuclear Fuel Approved by Court

Billion Fines for Linkedin
1 MIN READ

Billion Fines for Linkedin

The market convinced of double rate cut
1 MIN READ

The market convinced of double rate cut

Strong increase in Swedish greenhouse gas emissions
2 MIN READ

Strong increase in Swedish greenhouse gas emissions

Slowdown in the Eurozone - Despite German Turnaround
2 MIN READ

Slowdown in the Eurozone - Despite German Turnaround

Jysk closes down – employees get to party
2 MIN READ

Jysk closes down – employees get to party

Skandia lowers mortgage rates
1 MIN READ

Skandia lowers mortgage rates

Unexpected profit boost for Attendo
1 MIN READ

Unexpected profit boost for Attendo

Kardashian's successful brand opens in Sweden
1 MIN READ

Kardashian's successful brand opens in Sweden

Strong increase in Swedish climate emissions
1 MIN READ

Strong increase in Swedish climate emissions

Profit boost for school company
1 MIN READ

Profit boost for school company