- Commercial Aerospace
Switzerland halts Saab Gripen E aircraft procurement, $3.5 billion in 2013 orders
BERNE, Switzerland, 19 May 2014. Officials in Switzerland held a national referendum on the funding law to procure Gripen E light single-engine multirole fighter aircraft from Saab. In 2013, the Swiss Parliament elected to purchase 22 Gripen E aircraft at a cost of roughly $3.5 billion. Saab continues the Gripen E program according to plan, with development and production of 60 Gripen E for Sweden ongoing and deliveries scheduled for 2018, officials say.