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flag Sweden and Ukraine ink deal for joint fighter jet hub, with up to 150 Gripen E jets possible.

flag Sweden and Ukraine have signed a letter of intent to establish a joint weapons development hub, advancing plans for Ukraine to potentially purchase up to 150 Gripen E fighter jets. flag Sweden may fund part of the deal through military aid, export credits, or frozen Russian assets, with support from a coalition of 16 European nations involved in the Gripen supply chain. flag Ukraine is exploring multiple financing options, including its post-war budget and international funding. flag While delivery could take up to three years, Sweden is preparing for increased production and exploring partnerships with Ukraine, Canada, and Brazil. flag The Gripen is seen as a cost-effective alternative to fifth-generation fighters.

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