Saab confirms talks with Denel

subscriber | 12 November, 2005

JOHANNESBURG. Swedish Saab´s CEO Åke Svensson on Friday 27 October unveiled the first delivery of the Gripen Jetfighter to South Africa in a hangar at Saab´s production plant in Linköping, Sweden.

According to industry sources the plan was also that he, together with South Africa´s minister of public enterprises Alec Erwin, should announce that the Swedish arms manufacturer would take a substantial stake in Denel Aerospace Systems (DAS), the state owned aircraft component manufacturer in South Africa that forms part of the larger Denel group.

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