The Quotes are Powered By Forexpros, the Forex, Futures, and Stock Markets Portal.

Swiss parliament has now agreed to engage in the Swedish jet fighter Gripen

Tuesday, 27 August 2013
The Swiss political machinery has accepted that they would go ahead with the Gripen deal. That process took a step forward today when the security committee of the National Council voted yes to the deal.
Saab gripen
In a press release from Saab, it writes that earlier today, the security committee of the National Council (Nationalrat) in the Swiss Parliament debated and voted “yes” to the procurement of Gripen E.

The committee reached a majority “yes” vote – 14 in favour and 9 against – and it is anticipated that the procurement will progress to the plenum of the Nationalrat for votation in the September session.

“We are naturally very pleased by the decision of the security committee of the Nationalrat. This is a very positive endorsement of the Gripen programme.
Whilst we continue to respect and follow the political process, we also continue to assemble the pre-production Gripen E. Also, our Swiss industrial participation programme aiming at creating business between the suppliers to Saab and Swiss companies is progressing. It has today seen 456 contracts signed between our suppliers and 117 Swiss companies valued at 315 MCHF,” says Lennart Sindahl, Senior Executive Vice President and Head of Saab’s Aeronautics business area in the press release.
By Scancomark.com Team.