Sweden to ramp up Gripen fighter production

Swedish defense company Saab intends to significantly increase its production capacity for the JAS 39 Gripen fighter jet. CEO Micael Johansson stated the company can ramp up to producing 20 aircraft per year within approximately 12 months, citing growing global demand. Saab currently operates two production lines in Sweden and Brazil, and has stated it could establish a third line in Canada if it secures a contract there. Johansson also linked a potential deal with Ukraine to the availability of financial support from the EU's approved 90 billion euro credit package for defense modernization.