Swedish media dropped a big-time news about Colombias military plans: the South American nation wants to get its hands on JAS Gripen fighter-jets made by Saab; the stock market liked this info making companys shares jump 3.4% by afternoon trading
A Saab spokesperson kept it low-key saying: “We see the media buzz but cant say much now; weʼve talked with Colombia before about Gripens but theres no deal yet“ The number of planes Colombia might buy remains under wraps
The Swedish company has been super-active in Latin America working from its Brazil base (where it teams up with Embraer) to sell these high-tech birds: Colombia and Peru are on their radar. About 2 years ago Colombia tried to refresh its old Kfir planes — talks with Saab and Dassault Aviation happened but didnt work out; now it looks like theyre back at the table