Colombia has finalized a €3.1 billion ($3.6 billion) contract with Sweden’s Saab for the acquisition of 17 Gripen E/F multirole fighter jets, which includes 15 single-seat and 2 dual-seat models, scheduled for delivery from 2026 to 2032. This purchase, Colombia’s largest-ever combat aviation deal, aims to replace its aging Kfir fleet and enhance its air defense capabilities amid regional tensions. The agreement also comprises weapons, training, and a long-term support package, alongside offset agreements promoting industrial cooperation in areas like cybersecurity and sustainable energy. This strategic partnership not only bolsters Colombia’s defense autonomy but also reflects a significant strengthening of Sweden’s defense ties in Latin America, promoting a diversified defense procurement approach.