Sweden can help fund Ukraine's Gripen deal, defence minister says
Sweden and 16 European countries explore diverse financing including military aid and frozen Russian assets for Ukraine's potential purchase of up to 150 Gripen E jets.
- On Thursday in Stockholm, Swedish Defence Minister Pal Jonson said Sweden and Ukraine are progressing financing talks for up to 150 Gripen E jets and that `It is moving forward and we're working closely with the Ukrainian side` while hosting Denys Shmyhal.
- The October agreement established long-term air-defence cooperation between Sweden and Ukraine that includes the potential export of Gripen E fighter jets, analysts view the Gripen as a cost-effective alternative to more expensive aircraft.
- Saab says it can scale production and is exploring international cooperation, as Gripen E uses General Electric engines and many components from British manufacturers.
- Earliest deliveries could take place in approximately three years, and if finalised the deal would be Sweden's largest-ever aircraft export, while Saab's recent four-jet sale to Thailand valued at 5.3 billion Swedish crowns raises questions about Ukraine's ability to finance the purchase.
- The plan relies on export credits, frozen Russian assets , and 40 billion Swedish crowns next year and 40 billion in 2027, with Jonson presenting it to the Coalition of the Willing.
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Part of the agreement for the supply of Gripen E fighters to the Ukrainian Air Force may be financed through the military assistance that Stockholm already provides to Kyiv.
The Swedish Minister of Defence has said so.
Sweden can help fund Ukraine's Gripen deal, defence minister says
STOCKHOLM - 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 defence minister told Reuters on Thursday, adding that Stockholm could fund part of the deal via military aid. Read more at straitstimes.com.
Sweden to Fund Ukraine’s Massive Gripen Fighter Jets Defense Deal
Stockholm, November 7 - In a pivotal move to strengthen Ukraine's aerial defenses amid its ongoing conflict with Russia, Sweden's Defense Minister Pål Jonson announced on November 6, 2025, that Stockholm is prepared to partially fund a landmark Gripen fighter jets deal for Kyiv. This revelation, shared exclusively with Reuters, underscores Sweden's deepening commitment to Ukraine's sovereignty through innovative financing mechanisms, including d…
Part of the deal for the acquisition of Gripen E fighters for the U.S.A. can be financed by the military assistance that Sweden provides to Ukraine, as announced by the Swedish Defence Minister Paul Johnson, Reuters. According to the Minister, the two Governments are cooperating closely and the issue of financing is moving forward. He also referred to export credits and the use of Russian frozen assets among the possible ways of paying for the f…
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