Published by Global Banking & Finance Review®
Posted on November 14, 2025
1 min readLast updated: January 21, 2026
Saab is in talks with Canada and Bombardier to produce Gripen jets, potentially creating 10,000 jobs. Discussions may progress during Sweden's royal visit.
(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)
The defense industry encompasses companies and organizations that produce goods and services for military and national security purposes, including weapons, equipment, and technology.
The aerospace sector involves the design, development, and production of aircraft, spacecraft, and related systems and equipment.
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