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Brazil Eyes 20 More Swedish Fighter Jets, to Be Built at Home
Rio Times
Rio Times··11 min read

Brazil Eyes 20 More Swedish Fighter Jets, to Be Built at Home

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▼ 5.86%

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24.23

▼ 4.42%

NEOE3

33.80

— 0.00%

CPFE3

43.30

▼ 0.46%

CMIG4

10.86

▼ 1.27%

EQTL3

39.81

▲ 1.89%

LREN3

14.64

▼ 5.67%

VIVT3

33.75

▼ 0.15%

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13.89

▼ 2.11%

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16.76

▼ 0.89%

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17.51

▼ 3.26%

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▼ 3.33%

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11.22

▼ 8.26%

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▼ 4.11%

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24.92

▼ 3.07%

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29.48

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50.71

▼ 4.77%

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25.79

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2.94

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26.72

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8.79

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27.23

▼ 1.66%

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51.44

▼ 1.40%

GMEXICO

208.36

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179.77

▼ 0.51%

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57.07

▼ 2.24%

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▲ 2.54%

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21.93

▼ 1.22%

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411.68

▼ 1.62%

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294.00

▼ 0.93%

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217.15

▼ 1.14%

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184.78

▼ 1.21%

GRUMA

293.02

▼ 0.48%

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37.71

▼ 1.00%

SQM-B

70,051

▼ 1.34%

COPEC

6,200

▲ 1.64%

BSANTANDER

69.40

▲ 1.91%

FALABELLA

5,579

▲ 2.36%

ENELAM

76.50

▼ 0.35%

CENCOSUD

2,181

▲ 0.60%

CMPC

1,053

▲ 2.40%

BANCO CHILE

167.48

▲ 2.13%

LATAM AIR

22.41

▲ 0.54%

YPF

83,400

▲ 0.42%

GGAL

7,455

▲ 1.43%

PAMPA

5,115

— 0.00%

TXAR

685.50

▲ 1.18%

ALUAR

1,012

▼ 0.30%

TGS

9,285

▲ 0.87%

CEPU

2,286

▼ 1.00%

MIRGOR

16,950

▲ 0.15%

COME

48.31

▲ 0.83%

LOMA NEGRA

3,505

▲ 1.52%

BYMA

293.50

▲ 0.17%

TELECOM ARG

4,038

▼ 0.37%

ECOPETROL

15.35

▼ 1.48%

BANCOLOMBIA

72.51

▲ 0.36%

GRUPO AVAL

4.95

▼ 0.60%

CREDICORP

330.74

▲ 1.01%

SOUTHERN COPPER

192.10

▼ 2.28%

BUENAVENTURA

34.67

▲ 2.39%

MERCADOLIBRE

1,648

▲ 0.56%

NUBANK

12.03

▲ 3.35%

XP

15.74

▲ 0.87%

PAGSEGURO

8.82

▲ 0.51%

STONE

10.72

▲ 0.70%

GLOBANT

39.54

▼ 0.33%

TECNOGLASS

42.11

▼ 0.57%

GAP AIRPORT

237.85

▼ 1.19%

ASUR

294.00

▼ 0.93%

OMA AIRPORT

100.60

▼ 0.58%

AMX ADR

25.29

▼ 0.98%

FEMSA ADR

122.40

▲ 0.48%

CEMEX ADR

12.90

▼ 0.04%

PETROBRAS ADR

18.09

▼ 0.55%

VALE ADR

15.86

▼ 1.28%

ITAU ADR

7.69

▲ 1.25%

SANTANDER BR

5.36

▲ 1.04%

AMBEV ADR

3.13

▼ 0.48%

CSN

1.30

▼ 1.15%

GERDAU

4.77

▲ 0.42%

LATAM ADR

49.73

▲ 0.04%

BTC

63,391

▼ 0.97%

ETH

1,768

▼ 2.42%

SOL

69.31

▼ 3.22%

XRP

1.17

▼ 2.58%

BNB

602.72

▼ 2.80%

ADA

0.19

▼ 6.61%

DOGE

0.09

▼ 2.44%

AVAX

7.75

▼ 3.73%

LINK

8.04

▼ 3.54%

DOT

1.07

▼ 3.31%

LTC

46.23

▼ 1.94%

BCH

247.18

▲ 1.82%

TRX

0.33

▼ 0.66%

XLM

0.21

▼ 1.80%

HBAR

0.09

▲ 0.19%

NEAR

2.42

▼ 14.00%

ATOM

1.84

▼ 1.00%

AAVE

72.25

▼ 2.91%

SELIC

14.50%

EMBRAER

69.67

▼ 3.17%

EMBRAER ADR

56.47

▲ 2.30%

JBS

12.16

▲ 2.36%

JBS BDR

59.90

▼ 1.17%

MBRF3

15.78

▼ 0.44%

MBRFY

3.06

— 0.00%

INTER

5.76

▼ 0.78%

EGX

52,653

▲ 0.17%

USD/ZAR

16.30

▼ 0.15%

USD/NGN

1,358

▲ 0.06%

NIKKEI

67,471

▼ 1.36%

CSI300

4,905

▼ 0.69%

HSI

25,253

▼ 1.48%

NIFTY

23,417

▲ 0.05%

KOSPI

8,639

▼ 1.84%

JCI

5,840

▼ 1.70%

USD/JPY

159.99

▼ 0.01%

USD/CNY

6.7730

▲ 0.06%

DAX

24,945

▲ 0.60%

CAC

8,244

▲ 1.15%

FTSE

10,360

▲ 0.27%

MIB

50,174

▲ 0.27%

IBEX

18,276

▲ 0.55%

STOXX

624.45

▲ 0.52%

EUR/USD

1.1627

▲ 0.22%

GBP/USD

1.3436

▲ 0.11%

SPX

7,582

▲ 0.38%

DJI

51,577

▲ 1.76%

NDX

30,416

▼ 0.51%

RUT

2,930

▲ 1.27%

TSX

35,234

▲ 1.24%

VIX

15.46

▼ 3.74%

USD/CAD

1.3897

▲ 0.03%

US10Y

4.4650

▼ 0.58%

Brazil · Defense

Key Facts

—The signal: Brazil has expressed interest in buying 20 more Gripen E and F fighter jets from Sweden’s Saab, the Swedish defense minister said.

—The makers: The added jets would be built in Brazil, where Saab and planemaker Embraer run a joint production line.

—The base deal: Brazil agreed in 2014 to buy 36 Gripen jets; about a dozen have been delivered, with the rest due by 2027.

—The extra: Saab would also set up a research and development unit in Brazil under the deeper partnership.

—The context: Saab has just rolled out the first two-seat Gripen F, developed with Brazil as launch customer.

A defense relationship that began with a single big order a decade ago is deepening into something more durable: a fighter-jet partnership rooted in Brazilian factories.

RTAsk Rio TimesHave a question about Brazil or Latin America? Get a straight answer from our reporting.Start asking →

Brazil has signaled interest in acquiring 20 additional Gripen fighter jets from Sweden’s Saab, Swedish Defence Minister Pål Jonson said on Thursday after meeting his Brazilian counterpart, José Múcio, in Stockholm. The aircraft, in the latest E and F models, would be manufactured in Brazil, Jonson told a joint press conference, and the expanded cooperation would include Saab setting up a research and development unit in the South American country.

Building more Swedish fighter jets in Brazil

The potential order would build on a landmark 2014 contract under which Brazil agreed to buy 36 Gripen jets, a mix of 28 single-seat E models and eight two-seat F models, for its air force. Deliveries began in 2020, and roughly a dozen aircraft have been handed over so far, with the remainder of the original batch expected by 2027.

Crucially, the jets are not simply imported: in 2023, Saab and Brazil’s Embraer opened a joint production line at Gavião Peixoto, in São Paulo state, and the first Gripen E assembled in Brazil was unveiled there earlier this year. Locating manufacturing and technology transfer in Brazil was central to the country’s original decision to pick the Gripen over the French Rafale, the Eurofighter Typhoon and the American F-16, and it is the same logic that frames a possible follow-on order.

A partnership that runs both ways

The defense ties between the two countries have become notably reciprocal. As Brazil weighs more Gripens, Sweden has selected Embraer’s C-390 Millennium as its next military transport aircraft, making the Nordic nation one of several European buyers of the Brazilian plane.

Saab this week rolled out the first two-seat Gripen F at its Linköping facility in Sweden, a variant developed with Brazil as launch customer and intended to combine pilot training with full combat capability. Brazil will be the first of three confirmed F-model customers to field the type, with Colombia and Thailand also having placed orders, underscoring how the Brazilian program has become a showcase for Saab’s export ambitions in Latin America and beyond.

Why it matters for the region

For Brazil, expanding the fleet would strengthen an air force that has long sought to modernize aging aircraft, while reinforcing a domestic aerospace industry anchored by Embraer, one of the world’s larger planemakers. The Gavião Peixoto line gives Saab a base from which to scale production and pursue further sales across the region, and Saab and Embraer have spoken of making it a Latin American hub for the fighter.

A final contract for the 20 additional jets has not been signed, and terms including price and timing remain to be settled. But the stated intent, paired with a new research unit on Brazilian soil, points to a partnership both governments increasingly treat as strategic rather than transactional.

Frequently Asked Questions

How many more jets might Brazil buy?

Twenty additional Gripen E and F jets, on top of the 36 agreed in 2014, according to Sweden’s defense minister. A final contract has not been signed.

Where would they be built?

In Brazil, at the Saab-Embraer production line in Gavião Peixoto, São Paulo state, opened in 2023.

What is the Gripen F?

The two-seat version of the Gripen, developed with Brazil as launch customer, combining pilot training with combat capability. Saab just rolled out the first one.

What does Sweden get in return?

Sweden has selected Embraer’s C-390 Millennium as its next military transport aircraft, part of a reciprocal defense relationship.

View original source — Rio Times