Gripen International welcomes selection of Gripen as preferred choice for Hungarian air force
GRIPEN INTERNATIONAL WELCOMES SELECTION OF GRIPEN AS PREFERRED CHOICE FOR HUNGARIAN AIR FORCE Gripen International welcomes today's announcement that the Hungarian Government has selected the Gripen new-generation, multi-role fighter as its preferred choice to meet the national, NATO and European defense needs of the Hungarian Air Force. Hungary, which joined NATO in 1999, is the first Central European nation to select Gripen to meet its 21st century defense needs. Gripen International, a company in which Saab AB of Sweden and the United Kingdom's BAE SYSTEMS have equal shares, looks forward to supporting the Swedish government's lease of Gripen fighters with a program of offset amounting to 100% of the contract value. "This is very welcome confirmation that Gripen, the most capable and cost-effective combat aircraft in service today, offers an affordable and superior security solution for national, NATO and European defense needs," comments Ian McNamee, managing director Gripen International. Gripen is the first new-generation multi-role fighter in service world- wide, designed to meet the demands of all current and future threats, while at the same time meeting strict peace-time requirements for flight safety, reliability, training efficiency and low operating costs. Already in service with the Swedish Air Force which has ordered 204 aircraft (including 28 two-seaters) and has also been ordered by the South African Air Force which has a requirement for 28. For further information please contact: John Neilson, vice president communications, SAAB-BAE SYSTEMS Gripen Tel: + 44 1252 384795 e-mail: john.neilson@baesystems.com www.gripen.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2001/09/10/20010910BIT00940/bit0001.doc http://www.waymaker.net/bitonline/2001/09/10/20010910BIT00940/bit0001.pdf