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Ukraine Signs $2.5B Gripen E Contract with Sweden

July 1, 2026

2 min read

Key Takeaways

Ukraine signs $2.5 billion contract for 16 Gripen E fighter jets.
Deliveries to begin in early 2029.
UK to manufacture key components, supporting over 5,000 jobs.
Ukraine to receive 16 Gripen C/D jets in 2027 as military aid.

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Strategic Implications

This deal may signal a significant shift in Ukraine's military modernization efforts, with the Gripen E potentially becoming a cornerstone of its air defense capabilities. The involvement of the UK and EU suggests a broader coalition effort to support Ukraine's defense, which could have implications for regional security dynamics.

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What Happened

Kyiv Secures Advanced Fighter Jets Amid Ongoing Conflict

Ukraine has signed a $2.5 billion contract with Sweden for the delivery of 16 Gripen E fighter jets, with the first aircraft expected to arrive in early 2029. The agreement, financed through an EU loan with UK support, also includes spare parts and technical assistance. Ukrainian pilots are already undergoing training in Sweden, and the country is set to receive 16 Gripen C/D jets in 2027 as military aid. The deal marks a significant step in Ukraine’s plans to acquire up to 150 advanced combat jets in the long term, according to a statement from Swedish Minister of Defense Pål Jonson. This development was first reported by Breaking Defense.

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