Indonesian Political, Business & Finance News

RP may buy JAS 39 Gripens

| Source: AFP

RP may buy JAS 39 Gripens

STOCKHOLM (AFP): The Philippine government is interested in
buying the Swedish JAS 39 Gripen jet fighter following talks
between the Philippines and the manufacturing consortium, the
Swedish financial newspaper FinansTidningen said yesterday.

A delegation from the Philippine air force had visited Sweden,
the paper said, noting that a possible deal could amount to
seven-billion kronor (US$897 million).

The JAS 39 Gripen, manufactured by a consortium led by
Sweden's Saab and British Aerospace, is estimated to cost some 28
million to US$30 million per plane.

The Philippine air force is in need of 20 to 30 modern jet
fighters. A decision on who gets the order is expected before
2000.

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