What Happened
Sweden Invests in Next Generation Combat Aircraft Development
Saab has announced a new SEK 2.9 billion ($296.5 million) contract with the Swedish Defence Materiel Administration (FMV) to advance concept development of Sweden’s future fighter system. The multi-year effort funds advanced studies, flying and ground demonstrators, and technology development for both manned and unmanned aircraft. According to Saab, the new contract tasks the company with further developing and demonstrating new technologies for the future fighter system. This development was first reported by Unknown Source.