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Saab wins deal to sell 36 fighter jets to Brazil

Wednesday, 18 Dec 2013 | 2:50 PM ET

BRASILIA, Dec 18 (Reuters) - Swedish planemaker Saab AB won the bidding to sell 36 fighter jets to Brazil's armed forces, military officials said at a news conference on Wednesday, clinching one of the most valuable defense contracts up for grabs in an emerging market.

The Brazilian Air Force will enter negotiations to finalize a contract for Saab's Gripen NG, which edged out bids by France's Dassault Aviation SA and Chicago-based Boeing Co.

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