Put companies on watchlist
SAAB (B)
ISIN: SE0021921269
WKN: 914879
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

SAAB (B) · ISIN: SE0021921269 · PR Newswire (ID: 20241010IO28284)
10 October 2024 04:27PM

U.S. Department of Justice requests information from Saab North America, Inc. regarding Brazil's acquisition of Gripen fighters in 2014


STOCKHOLM, Oct. 10, 2024 /PRNewswire/ -- Saab North America, Inc., a U.S. subsidiary of Saab, has received a subpoena from the U.S. Department of Justice (DoJ). The DoJ has requested information about the Brazilian Government's acquisition of 36 Gripen E/F fighter aircraft for its air force. The contract was signed in 2014.

Brazil's fighter procurement (the FX-2 programme) took place between 2008 and 2014 and Saab was awarded the contract. Saab intends to comply with the request to supply information and to cooperate with the DoJ in this matter.

Both Brazilian and Swedish authorities have previously investigated parts of the Brazilian fighter procurement process. These investigations were closed without indicating any wrongdoings by Saab.

Due to secrecy obligations, Saab is not able to communicate further regarding this.  

Contacts

Mattias Rådström

Head of Media Relations

+46 (0)734 180 018

presscentre@saabgroup.com

Merton Kaplan

Head of Investor Relations

+46 (0)734 182 071

merton.kaplan@saabgroup.com

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 22,000 talented people, Saab constantly pushes the boundaries of technology to create a safer and more sustainable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

The information is such that Saab AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 10 October 2024 at 16.15 (CEST).

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/saab/r/u-s--department-of-justice-requests-information-from-saab-north-america--inc--regarding-brazil-s-acq,c4049751

The following files are available for download:

https://mb.cision.com/Main/183/4049751/3048417.pdf

U.S. Department of Justice requests information from Saab North America, Inc. regarding Brazil’s acquisition of Gripen fighters in 2014

https://news.cision.com/saab/i/saab-logo,c3341447

Saab logo

 

Cision View original content:https://www.prnewswire.com/news-releases/us-department-of-justice-requests-information-from-saab-north-america-inc-regarding-brazils-acquisition-of-gripen-fighters-in-2014-302273055.html

SOURCE Saab

Visual performance / price development - SAAB (B)
Smart analysis and research tools can be found here.
This publication was provided by our content partner PR Newswire
PR Newswire
via PR Newswire - Newsfeed
Cision ©2025
PR Newswire
Contact:
300 S Riverside Plaza, Chicago, Illinois, USA
+001 (0) 888-776-0942