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[SALES NEWS] Ceko nambah rental 14 ekor GRIPEN
March 12, 2014, 11:06 a.m. ET
Czech Republic Signs New Lease Deal for Gripen Fighters
STOCKHOLM--Sweden's Defence and Security Export Agency said Wednesday the Czech Republic has approved an agreement to lease 14 Gripen fighter aircraft until at least 2026, opening the way to potential new maintenance contracts for the aircraft's manufacturer, Swedish defense group Saab AB (SAAB-B.SK).
The Czech Republic first signed a contract in 2004 to lease 14 Gripen jets from Sweden for a ten-year period. The new 12-year contract, which will be finalized next month, also includes training and upgrades to the aircraft, the agency said. It didn't disclose the value of the deal.
"Saab is happy that the Czech Republic wants to extend the [Gripen lease] deal," the defense group's head of aeronautics, Lennart Sindahl, told the Wall Street Journal Wednesday. "We look forward to providing the country with support and maintenance if they so wish," he added.
Sweden, Hungary and Thailand also use the jet fighter, which Saab pitches as versatile and cost efficient compared with rival combat aircraft such as Dassault's Rafale and Lockheed Martin Corp's F-35. Brazil placed an order for 36 new Gripen jets late last year, and Switzerland will hold a referendum in May on whether to buy 22 of the fighters.
Those deals are particularly helpful for Saab as it has suffered from tough conditions in the wider market for military equipment as governments across the globe have trimmed defense budgets in the wake of the financial crisis.
The company, which also sells missiles and anti-tank weapons, last month reported a 49% drop in fourth-quarter net profit to 281 million Swedish kronor ($43.6 million), compared with a year earlier.
Saab shares traded higher Wednesday after the deal was announced, rising 1.1% at 1413 GMT to SEK179.40, compared with a 0.9% drop in the wider Stockholm market.
http://online.wsj.com/article/BT-CO-...12-707182.html
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Selamat buat sales Gripen....
Czech Republic Signs New Lease Deal for Gripen Fighters
STOCKHOLM--Sweden's Defence and Security Export Agency said Wednesday the Czech Republic has approved an agreement to lease 14 Gripen fighter aircraft until at least 2026, opening the way to potential new maintenance contracts for the aircraft's manufacturer, Swedish defense group Saab AB (SAAB-B.SK).
The Czech Republic first signed a contract in 2004 to lease 14 Gripen jets from Sweden for a ten-year period. The new 12-year contract, which will be finalized next month, also includes training and upgrades to the aircraft, the agency said. It didn't disclose the value of the deal.
"Saab is happy that the Czech Republic wants to extend the [Gripen lease] deal," the defense group's head of aeronautics, Lennart Sindahl, told the Wall Street Journal Wednesday. "We look forward to providing the country with support and maintenance if they so wish," he added.
Sweden, Hungary and Thailand also use the jet fighter, which Saab pitches as versatile and cost efficient compared with rival combat aircraft such as Dassault's Rafale and Lockheed Martin Corp's F-35. Brazil placed an order for 36 new Gripen jets late last year, and Switzerland will hold a referendum in May on whether to buy 22 of the fighters.
Those deals are particularly helpful for Saab as it has suffered from tough conditions in the wider market for military equipment as governments across the globe have trimmed defense budgets in the wake of the financial crisis.
The company, which also sells missiles and anti-tank weapons, last month reported a 49% drop in fourth-quarter net profit to 281 million Swedish kronor ($43.6 million), compared with a year earlier.
Saab shares traded higher Wednesday after the deal was announced, rising 1.1% at 1413 GMT to SEK179.40, compared with a 0.9% drop in the wider Stockholm market.
http://online.wsj.com/article/BT-CO-...12-707182.html
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Spoiler for Czech Gripen:
Spoiler for Czech Gripen:
Spoiler for Czech Gripen:
Spoiler for Czech Gripen:
Spoiler for Czech Gripen:
Selamat buat sales Gripen....
Diubah oleh pecotot 13-03-2014 09:03
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