← Back to front page
Europe · More sources · Euronews Business

A Portuguese group will manufacture components for Swedish Saab fighter jets

Published by Euronews Business · France 8 h ago
A Portuguese group will manufacture components for Swedish Saab fighter jets
A Portuguese group will manufacture components for Swedish Saab fighter jets · Euronews Business

Detailed summary

A Swedish company announced a partnership with Portuguese industrial group Vangest to produce eight complex parts in Portugal for Gripen E/F fighters. The Swedish jet is among the options to renew the Portuguese Air Force's F-16 fleet. #EuropeNews

The Portuguese industrial group Vangest, best known for moulds and plastic parts for various sectors and which has been expanding in the aerospace sector, is going to produce components for Saab's Gripen fighter jets.In a statement, the company explains that the "partnership is part of Saab's work to expand its international manufacturing network and strengthen the production capacity of the Gripen E/F".The agreement covers the production of eight complex components for Gripen E/F fighter jets at the group's facilities in Marinha Grande, north of Lisbon, and is expected to create "new skilled jobs" in the region.The Swedish company justifies the partnership with Vangest's "advanced…

Opening of the article, excerpted from Euronews Business. To read the rest, open the article on the publisher's site.

Read the full article on Euronews Business Sign in to save

MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.euronews.com)

Also worth reading