Gripen not on the shortlist for the Indian MMRCA programme

Gripen not on the shortlist for the Indian MMRCA programme

Today defence and security company Saab AB has received information from
the Indian Ministry of Defence that Gripen has not been shortlisted for
the Indian Medium Multi-Role Combat Aircraft (MMRCA) programme.

”We are offering India a world class next generation fighter aircraft to
a very competitive price and an extensive technology transfer programme.
We have received this decision and will closely monitor the future
process and provide additional information if requested by the Indian
Ministry of Defence. We are confident that the Gripen system is the
perfect match for the Indian Air Force as well as meeting the highest
requirements for the international markets,” says Håkan Buskhe,
President and CEO at Saab.

India is one of Saab's most important markets. For example, Saab
recently announced an investment in a research and development centre in
India.

 “We are committed to the Indian market and continue our plans for
growth and see huge business opportunities in the aerospace, defence and
security sectors,” says Håkan Buskhe.

Gripen is in service with the Swedish, Czech Republic, Hungarian, South
African and Royal Thai Air Forces. The UK Empire Test Pilots' School
(ETPS) is operating Gripen as its advanced fast jet platform for test
pilots worldwide.

For further information, please contact: Saab Press Centre, +46 (0)734
180 018 www.saabgroup.com