Gripen International Submits Revised Proposal to Brazilian Air Force


LINKOPING, Sweden, May 3, 2002 (PRIMEZONE) -- Following extensive discussions with Brazilian Air Force (FAB) Gripen International today submitted a revised proposal for new Gripen multirole fighters to FAB.

The revised offer follows a period of extensive discussions with and visits to Sweden by the FAB evaluation teams (pilot, technical and project management). During these visits, the Gripen team expanded on the unique operational and support concepts of the Gripen aircraft and their application in Brazil is now further described in the revised proposal.

The Gripen proposal is underpinned by substantial technology transfer. The revised proposal presented today contains a detailed plan on how Gripen International intends to undertake the technology transfer to Brazil in order to ensure local autonomy. Together with our strategic partner, Varig Engineering and Maintenance, the Gripen fighter will be supported, maintained and further developed during its lifetime of 40 years.

"We are convinced that our revised proposal strengthens Gripen's position in the Brazilian Air Force and demonstrates our commitment to providing FAB with the most advanced and cost effective solution, underpinned by technology transfer to Brazil," said Christer Ros, Gripen Director for Brasil.


 Further information is available from:
 Owe Wagermark, Communications Director
 Gripen International Tel: +46 70 88 96 000, Fax: +46 13 18 00 55
 WWW.GRIPEN.COM

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download: http://www.waymaker.net/bitonline/2002/05/03/20020503BIT00930/wkr0001.doc

http://www.waymaker.net/bitonline/2002/05/03/20020503BIT00930/wkr0002.pdf