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Old 8th Feb 2018, 13:24
  #158 (permalink)  
Jabba_TG12
 
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I stand corrected. They did have a share in Gripen but not total control of the company.

"During the 1995 Paris Air Show, Saab Military Aircraft and British Aerospace (BAe, now BAE Systems) announced the formation the joint-venture company Saab-BAe Gripen AB with the goal of adapting, manufacturing, marketing and supporting Gripen worldwide.[34][38] The deal involved the conversion of the A and B series aircraft to the "export" C and D series, which developed the Gripen for compatibility with NATO standards.[39] This cooperation was extended in 2001 with the formation of Gripen International to promote export sales.[40] In December 2004, Saab and BAE Systems announced that BAE was to sell a large portion of its stake in Saab, and that Saab would take full responsibility for marketing and export orders of the Gripen.[41] In June 2011, Saab announced that an internal investigation revealed evidence of acts of corruption by BAE Systems, including money laundering, in South Africa, one of the Gripen's customers.[42]"

BAE corruption? Perish the thought....
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