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Colombia will buy Saab combat aircraft, reports Swedish public radio

Colombia will buy Saab combat aircraft, reports Swedish public radio

Colombia will buy a fleet of JAS Gripen fighter jets manufactured by Sweden’s Saab SAABb.ST, Swedish public radio SR’s Ekot news program reported on Tuesday, citing anonymous sources.

Saab’s share price rose 3.4% in Stockholm at 1506 GMT following the news.

“We have taken note of the information in the media but cannot comment further at this time. We have previously had a dialogue with Colombia about the sale of Gripen, but there is currently no contract,” a Saab spokesperson told Reuters.

It was not immediately clear how many aircraft Colombia might order from the Swedish defense contractor.

Saab AB has sought to boost sales of the Gripen fighter in Latin America, including Colombia and Peru, from a production base in Brazil that was developed in partnership with Embraer SA.

Colombia has long planned to replace its aging fleet of Israeli-made Kfir warplanes, but talks in 2022 with Saab and French rival Dassault Aviation ultimately failed, the country’s defense minister said early last year.

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