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Gripen NG to become an aerospace growth engine for Brazil

LAAD 2014 Defense-Update: Following the Memorandum of Understanding announced on 11 July 2014, Saab and Embraer have signed today an agreement for the joint management of the F-X2 Project for the Brazilian Air Force. The sale of 36 Gripen NG aircraft to Brazil under a contract worth US$ 4.55 Billion provides for a complete, ‘turnkey weapon system’, with comprehensive logistic support that includes training, spare parts, support, planning and maintenance.

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