Sweden awards Saab SEK 2.9 billion to advance next-generation fighter concept through 2028

Sweden's defence procurement agency FMV has granted Saab a contract worth approximately SEK 2.9 billion (€260 million) to continue concept work on a future fighter system. The deal runs from 2026 to 2028 with options extending through 2030 and covers both crewed and uncrewed platforms. Saab will mature technologies and build flying demonstrators, keeping a wholly Swedish design path open alongside European collaborative programmes FCAS and GCAP.

Why it matters: Stockholm is hedging: funding a national fallback while its partners negotiate GCAP workshare gives it leverage and preserves sovereign capability if multinational programmes falter.

Entities SwedenSaabFMV
Systems Next-generation fighter aircraft · Unmanned combat aerial vehicle
Geography SE
Appears in Briefing No. 045
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