Finance

Saab in talks with Canada, Bombardier to build Gripen fighter jets, Globe and Mail reports

Published by Global Banking & Finance Review

Posted on November 14, 2025

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· Last updated: January 21, 2026

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Saab in talks with Canada, Bombardier to build Gripen fighter jets, Globe and Mail reports
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(Reuters) -Swedish defense company Saab is in talks with the Canadian government and Bombardier to build its Gripen fighter jet under license in Canada, which is expected to create 10,000 jobs in the

Saab Negotiates with Canada and Bombardier for Gripen Jet Production

(Reuters) -Swedish defense company Saab is in talks with the Canadian government and Bombardier to build its Gripen fighter jet under license in Canada, which is expected to create 10,000 jobs in the country, CEO Micael Johansson told the Globe and Mail on Thursday.

Sweden's King Carl XVI Gustaf and Queen Silvia will visit Canada from November 18 to 20, during which talks are expected to continue, according to the report.

"We can confirm that discussions about Gripen are occurring and that Bombardier is open to engage in providing local expertise for the program if the Government of Canada decides to go this route," Bombardier said in an emailed statement.

The development comes as Sweden and Ukraine are making progress on financing for a major deal that could include Kyiv buying up to 150 Gripen E fighter jets, Sweden's defense minister told Reuters earlier this month.

(Reporting by Abhinav Parmar and Padmanabhan Ananthan in Bengaluru; Editing by Alan Barona)

Key Takeaways

  • Saab is negotiating with Canada and Bombardier for Gripen jet production.
  • The project could create 10,000 jobs in Canada.
  • Sweden's royal visit may advance discussions.
  • Bombardier is open to providing local expertise.
  • Sweden and Ukraine are also discussing Gripen E jet deals.

Frequently Asked Questions

What is the defense industry?
The defense industry encompasses companies and organizations that produce goods and services for military and national security purposes, including weapons, equipment, and technology.
What is the aerospace sector?
The aerospace sector involves the design, development, and production of aircraft, spacecraft, and related systems and equipment.

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