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Thailand signs Bt19.5bn deal for Gripen jets, first delivery in 2029

Thailand signs Bt19.5bn deal for Gripen jets, first delivery in 2029

12 Sept 15:31 Key points summarised by AI
  • Thailand finalized a Bt19.5 billion agreement with Sweden for the procurement of four Saab Gripen E/F fighter jets, part of a broader plan to acquire 12 aircraft to modernize its fleet and replace aging F-16s.
  • The deal was signed by high-ranking Thai and Swedish officials, including the Thai Air Force commander-in-chief and the CEO of the Swedish Materiel Administration, alongside a separate agreement with SAAB AB.
  • The first two Gripen jets are scheduled for delivery in 2029, with subsequent deliveries of two aircraft annually over the following five years.
  • This acquisition is set to significantly enhance the Thai Air Force's operational capabilities and marks a strategic step in developing Thailand's domestic defense industry through technology transfer.
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