Brazil Eyes 20 More Swedish Fighter Jets, to Be Built at Home
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33.80
— 0.00%
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YPF
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GGAL
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PAMPA
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TXAR
685.50
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ALUAR
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TGS
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COME
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LOMA NEGRA
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GAP AIRPORT
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▼ 1.15%
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247.80
▼ 2.09%
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▲ 0.14%
ORANGE JUICE
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▼ 2.29%
COTTON
74.36
▼ 3.09%
COCOA
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▼ 3.27%
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▼ 1.94%
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▼ 3.78%
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▼ 2.31%
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▼ 1.81%
B3SA3
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▼ 4.67%
WEGE3
41.78
▼ 0.52%
PRIO3
62.59
▲ 0.98%
SUZB3
41.22
▲ 1.95%
RENT3
40.44
▼ 3.32%
AZZA3
17.38
▼ 8.48%
CSAN3
3.58
▼ 7.73%
RAIZ4
0.39
▲ 2.63%
PCAR3
1.54
▼ 1.91%
GMAT3
4.20
▼ 0.24%
PSSA3
48.16
▼ 1.19%
CVCB3
1.48
▼ 3.90%
POSI3
3.75
▼ 7.64%
SLCE3
14.98
▼ 2.03%
NATU3
9.80
▼ 0.61%
BRKM5
9.43
▼ 5.79%
RANI3
7.90
▲ 0.51%
CSNA3
6.68
▼ 6.31%
CMIN3
4.50
▼ 5.86%
USIM5
11.46
▼ 4.82%
GGBR4
24.13
▼ 2.11%
ENEV3
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%
RAIL3
13.89
▼ 2.11%
KLABIN
16.76
▼ 0.89%
RAIA DROGASIL
17.51
▼ 3.26%
RDOR3
33.11
▼ 3.33%
HAPV3
11.22
▼ 8.26%
FLRY3
14.70
▼ 4.11%
SMTO3
17.30
▼ 1.14%
UGPA3
24.92
▼ 3.07%
VBBR3
29.48
▼ 2.16%
BBSE3
35.04
▼ 0.26%
BPAC11
50.71
▼ 4.77%
CURY3
29.45
▼ 6.00%
AERI3
2.31
▼ 1.28%
VIVARA
20.50
▼ 4.21%
COMPASS
25.79
▼ 2.68%
VAMOS
2.94
▼ 1.01%
SANB11
26.72
▼ 2.34%
ASAI3
8.79
▼ 2.87%
SBSP3
27.23
▼ 1.66%
WALMEX
51.44
▼ 1.40%
GMEXICO
208.36
▼ 2.65%
FEMSA
211.61
▼ 0.09%
CEMEX
22.33
▼ 0.53%
GFNORTE
179.77
▼ 0.51%
BIMBO
57.07
▼ 2.24%
TELEVISA
9.27
▲ 2.54%
AMX
21.93
▼ 1.22%
GAP
411.68
▼ 1.62%
ASUR
294.00
▼ 0.93%
OMA
217.15
▼ 1.14%
KOF
184.78
▼ 1.21%
GRUMA
293.02
▼ 0.48%
KIMBER
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%
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▼ 0.97%
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▼ 2.80%
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XLM
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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 ↗
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