Sweden and Ukraine are making progress in negotiations on a major defense deal that could see Kyiv acquire up to 150 Gripen E multirole fighters (more details about this aircraft were covered here). Swedish Defense Minister Pål Jonson stated that Stockholm may partially finance the deal through a military aid package. If finalized, the contract would become the largest aircraft export in Sweden’s history.
In October, the two countries signed a long-term cooperation agreement in the field of air defense, which includes the potential supply of fourth-generation Gripen fighters. While the exact value of the prospective deal has not been disclosed, for context, a recent sale of four Gripen jets to Thailand was valued at $563 million.
According to Reuters, Pål Jonson indicated that discussions on the financial aspects of the deal are progressing, with the capacity of Ukraine’s budget after the war playing a key role. At the same time, Sweden is considering other financing options, including export credits, frozen Russian assets, and a special aid package for Ukraine, which allocates 40 billion Swedish kronor in 2026 and another 40 billion the following year.
The Swedish defense minister also noted that the proposal has been presented to the “Coalition of the Willing,” a group of 16 European countries supporting Ukraine’s defense. Some of these countries could contribute to financing, particularly if their defense industries participate in producing components for the Gripen system. Notably, the aircraft’s design includes parts manufactured in the United Kingdom, and the engines are supplied by General Electric.
Additionally, Sweden is actively negotiating within the EU on using up to €200 billion in frozen Russian assets to fund Ukraine’s defense needs. Swedish Prime Minister Ulf Kristersson previously described the deal as “very realistic” but noted that considerable work remains before it can be finalized. Initial aircraft deliveries could begin in approximately three years.
Saab, the manufacturer of the Gripen, has stated its readiness to increase production and is exploring international collaboration with countries including Ukraine and Canada to expand manufacturing beyond its facilities in Sweden and Brazil. Analysts consider the Gripen a more cost-effective alternative to expensive fifth-generation fighters such as the F-35.
It was also previously reported that Estonia will allocate $3.2 million for the purchase and maintenance of Starlink satellite communication systems for Ukraine, aiming to strengthen secure battlefield communications.
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Source: united24media
