Ericsson
Shares In Gripen Order
On Thursday of this year's Paris Air Show, the Swedish
government announced its decision to purchase another 64 JAS 39
Gripen fighters. While the value of the deal for the aircraft
wasn't disclosed, the follow-on value to at least one other
supplier is. Sweden's Ericsson announced last week that it would
get at least $130 million in orders for radar, computer and
cockpit display systems for the aircraft.

The Gripen order is the third in a series of fighter orders
from Sweden's Air Force to Industry Group JAS. The JAS 39 Gripen
fighter is marketed by a partnership formed by Saab and British
Aerospace in 1995.
The 64 aircraft will be delivered from 2003 to 2007.
Ericsson's involvement is not limited to current technology. The
company will also
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