Gripen: Saab briefs Swiss industry on offsets
On 29 May Saab met industrial companies in St. Gallen in order to present and discuss business opportunities in the Gripen E programme.
Saab recently visited Zurich, Geneva, Payerne, Martigny, Hitzkirch and Lucerne to inform regional manufacturers about the opportunities for Swiss Industrial Participation (SIP) and to find new business partners linked to the potential Swiss acquisition of 22 Gripen E fighters. A total of ten cities will be visited.
Beat F. Brunner, member of the board of the industry association Swissmem said: „To generate business for the Swiss industrial and technological base must happen in an effective way and as a long-term strategy. This is even more important when it comes to doing business with the defence and security industry.“
Linked to the Swiss fighter acquisition Saab will be obliged to provide Swiss industry with business equal to the value of the Gripen contract. The Gripen programme presents business opportunities for both defence and non-defence industry. In parallel to the on-going industrial tour, Saab specialists are visiting targeted companies directly in order to deepen cooperation or develop new business relationships.
By the end of 2012, Saab had realized SIP business worth 250 million francs and is committed to deliver SIP of at least 300 million before the Gripen contract is signed. The company also recently announced that it will extend its Swiss Gripen supplier base to develop and produce major components of the Gripen E aircraft – rear fuselage, pylons (weapon stations), tail cone, air brakes and external fuel drop tanks. The contract value of this work amounts to 200 million CHF and 500,000 man-hours of work.