SAAB Ties up With Adani Group to Build Gripen E fighter jets in India

Posted on:02 Sep 2017 15:46:24
SAAB Ties up With Adani Group to Build Gripen E fighter jets in India
02 September 2017 Current Affairs: Swedish defence major SAAB to tie-up with Adani Group to manufacture the Gripen E fighter jets in India under the Defence Ministry’s $10 billion single-engine fighter jet procurement programme.

The announcement comes within months of US’ Lockheed Martin announcing its joint venture with Tata Advanced Systems for producing the latest version of F-16 in India.

Gripen is now used by the air forces of Hungary, Thailand, South Africa, Brazil and the Czech Republic.

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