Tech transfer pledge steers Thailand to pick Sweden's Gripen warplane
CHRISTCHURCH, New Zealand — The Swedish government's offset package has proved decisive in Thailand's decision to purchase 12 Gripen E/F fighters in three phases.
The economic and technology garnishes helped Saab's Gripen offer defeat its American F-16 Block 70/72 competitor.
On June 4, the Royal Thai Air Force – or RTAF – held a press conference to announce it was buying more Gripens, with the deal accompanied by a generous package of technical support and offsets.
When final offers were submitted last August, Saab had vowed, 'The Swedish proposal will ensure the best return on investment for Thailand that will exceed the contract value through a well-structured, long-term plan that covers key areas of critical technologies and national capabilities for Thailand.'
Saab's offset package – equating to around 155% of the project's value – has proved especially appealing to a nation keen to boost its aerospace industry and self-sufficiency.
'The offset committee conducted negotiations with Saab concerning the defense offset proposal with the aims of maximizing benefits and complying with the policies of the government and the minister of defense,' the Thai air service said in a statement:
A key element in Sweden's proposal is Thailand's unique, Saab-developed Link-T data link. Currently, only a handful of Thai aircraft and several warships are equipped with it.
Bangkok now gains intellectual property rights for Link-T's unrestricted use and expansion. 'Saab will transfer Link-T development capabilities to the RTAF and local defense industry,' reads the service's statement.
Link-T will enhance Thailand's ability to perform multi-domain operations. With the U.S. keeping tight control over its data links, Lockheed Martin's F-16 offer could not compete in this regard.
Thailand's two Saab 340 airborne early warning aircraft will be upgraded, too, with Thai participation. Additionally, a local Gripen maintenance, repair and overhaul hub will be established.
Furthermore, Thai companies will join the Gripen supply chain with opportunities to make components like tires, bearings, clamps and airframe parts.
Training support covers 26 personnel, made up of six pilots, 18 maintainers and two support staff. From 2025-29, Saab will provide a mission support system for network-centric flight planning and training, plus a maintenance ground support system for logistics management and maintenance.
Saab welcomed its selection, stating: 'In addition to Gripen E/F fighter aircraft and associated equipment, Saab's offer includes a long-term offset package. This will benefit the national security and strategic independence of Thailand, while also bringing new jobs and investments to a range of Thai society sectors.'
Thai Gripen E/Fs will come with a Raven ES-05 radar, SkyWard infrared search and track, Arexis electronic warfare suite, a targeting pod and standoff weapon capability, Link-T, Meteor and IRIS-T missiles, and Targo helmet-mounted display.
The initial batch comprises three single-seat Gripen Es and a twin-seat F, to be procured for 19.5 billion baht (nearly US$600 million) from FY2025-2029.
Eight more Gripen E/Fs will be delivered through FY2034, replacing aging F-16A/B fighters in 102 Squadron.
Thailand's aircraft choice followed a decision publicized on Aug. 27, 2024 that the Gripen had been nominated. Now with the selection approved, the air force said the procurement contract would be signed in August.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 hours ago
- Yahoo
Textron Inc (TXT) Announces New Partnership With The Royal Thai Air Force
Textron Inc. (NYSE:TXT) is one of the 13 Best Aerospace and Defense Stocks to Invest in Now. On June 19, Textron Inc. (NYSE:TXT) announced a new partnership to support the Royal Thai Air Force through a Memorandum of Agreement signed during the Paris Air Show in June 2025. The agreement centers on a sustainment program for the Royal Thai Air Force's fleets of Beechcraft T-6TH trainer and AT-6TH light attack aircraft, both designed and manufactured by Textron Aviation Defense LLC., a wholly owned subsidiary of Textron Inc. (NYSE:TXT). The partnership aims to provide long-term maintenance, support, and sustainment for the RTAF's T-6TH and AT-6TH aircraft. The goal of this collaboration is to ensure the highest level of operational readiness for these aircraft, which are crucial for pilot training and light attack missions within the RTAF. A military cargo plane landing at its destination, signifying the strength of its defense arm. Beechcraft T-6 Texan II is a premier military flight trainer, whereas the Beechcraft AT-6 Wolverine is purpose-built for light attack, counter-insurgency, and Countering Violent Extremist Organizations. Textron Inc. (NYSE:TXT) is an international company that operates in several industries, including aviation, defense, industrial equipment, and finance. While we acknowledge the potential of TXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Miami Herald
7 hours ago
- Miami Herald
Joe Rogan's blunt reply shuts down Bernie Sanders' attack on Musk
As everyone already knows, Joe Rogan famously interviewed President Donald Trump on his podcast, "The Joe Rogan Experience," in the weeks leading up to the 2024 election before endorsing #47 on the eve of the big day. Before Rogan joined the MAGA crowd, however, he expressed a preference for Bernie Sanders in the 2020 primary. In fact, he endorsed the almost-Octogenarian in the race, although at the time, the endorsement was not necessarily treated as a win by Sanders' supporters. Don't miss the move: Subscribe to TheStreet's free daily newsletter Still, Sanders and Rogan have a long history, and Rogan has interviewed Sanders several times in the past, spending time discussing big issues in his trademark long-form interviews. Now, Rogan invited Sanders onto his show again last week to discuss the current state of the world. Related: T-Mobile announces free new perk for customers after major loss Sanders and Rogan talked about a wide range of issues and found some points of agreement, including on the minimum wage. Rogan also asked Sanders about whether he had any further presidential ambitions (the answer was no) and suggested he was much more vibrant for his age than Biden. While the discussion was a pleasant one, the two men did have a few conflicts as well, most notably on one super controversial figure that has also been a Rogan guest: Elon Musk. The conversation got heated between Sanders and Rogan when the topic of campaign finance came up. Sanders was complaining about the role of money in politics, commenting that the Citizens United decision had made it possible for someone to "put millions or hundreds of millions of dollars into a campaign," to express their view and "you can buy that election." Related: Joe Rogan sends blunt one-word message on minimum wage Then, the fireworks started as Sanders made a statement that Rogan simply couldn't let stand, commenting, "The result of that decision, let's take us to where we are today, is that Elon Musk… we can talk about Elon.., he spent $270 million to elect Trump as president. Ok. I think that's absurd, that any one person…." Sanders didn't get to finish that thought, though, as Rogan clapped back immediately, defending his long-time friend and frequent podcast guest. Rogan's reply was blunt and clear, as he asked Sanders a pointed question: "What's the most someone donated toward the Harris campaign?" Rogan went on to point out to Sanders that, "they spent $1.5 billion over the course of a couple of months," making clear that he was not going to let Sander's scapegoat Musk when there is money on politics on both sides of the aisle and the issue is definitely not specific to Musk's contributions. Musk and Rogan have a long history, so it is not a surprise that Rogan jumped to his defense as Sanders went on the attack. Not only has Musk appeared on Rogan's podcast on numerous occasions, even famously smoking marijuana live on the show, but Musk and Rogan have been seen together at social events, and Rogan has referred to Musk as the "great and powerful," and praised Musk's companies and innovations. Related: Amazon aims to crush Elon Musk's Robotaxi Still, Rogan was not just defending a friend when he clapped back at Sanders on the issue of Musks' donations – and Rogan's point was obviously a good one, as Sanders backed down immediately, admitting that money in politics is a bipartisan issue and that Musk was not the only large donor to the two presidential campaigns. Rogan's quick and effective response, and the way in which he brought Sanders around to agreeing that Musk's donations were not an unusual event, show why the podcast host has so many devoted fans, and why Spotify recently paid him $250 million to sign onto a new Spotify deal. Rogan will continue to bring on diverse voices, share his opinions, and find both points of agreement and disagreement, and that's a powerful thing in today's world when so many seem to only want to hear viewpoints aligned with their own. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Miami Herald
9 hours ago
- Miami Herald
MegaRexx Builds a $180K Diesel Super Truck Based on Ford F-250
There are plenty of off-road trucks on the market right now, each catering to a different kind of buyer. If you want an electric truck with hipster vibes, there's the Rivian R1T. If you're after a tough-looking daily driver, the F-150 Raptor fits the bill. And if you want something to match your stainless steel kitchen, Tesla offers the Cybertruck. But if you're chasing something unhinged, something so over-the-top it makes everything else look tame, MegaRexx has exactly what you're after. MegaRexx, a brand under Signature Autosports, builds the kind of trucks you draw while daydreaming in your school notebooks. Their specialty is taking Ford's Super Duty lineup and transforming it into something that looks like it escaped from a Baja race. They typically start with an F-250 Tremor and go wild with it - lifting the suspension even more, swapping in wider bodywork, and making everything look and feel more trophy truck-like. In essence, it's like giving the Super Duty the Raptor treatment, then tossing in a little extra just for fun. Believe it or not, MegaRexx doesn't mess around much with the drivetrain. Instead of the standard gas-powered 7.3-liter V8, they opt for Ford's 6.7-liter High Output Power Stroke V8 turbo-diesel, which makes 500 horsepower and a ridiculous 1,200 lb-ft of torque. The 10-speed automatic transmission and both differentials are left mostly untouched, apart from a new 4.88:1 gear ratio to help put all that power through its even larger wheels and tires. Its suspension, on the other hand, gets a very unnecessary, but undoubtedly cool, overhaul. The truck sits 4.5 inches taller than an ordinary Super Duty, and just about every suspension component gets a high-performance replacement. Fox Racing supplies remote-reservoir shocks and track rods. Icon provides new 4.5-inch coil springs up front, leaf springs out back, and a set of steering stabilizers. MegaRexx even fabricates the radius arms themselves. The result isn't just more ground clearance; it should also handle better than you'd expect from something this humongous. But the cherry on this all-terrain conquering Super Duty is its wheels, tires, and bodywork. With ZXL Michelin tires nearly twice as tall as the smallest person in the world (yes, we fact-checked that), measuring at 46 inches, and 20-inch three-piece aluminum wheels typically used by military trucks, it's a bona fide off-road monster. To accommodate its newfound girth, MegaRexx crafts wider fiberglass body panels that widen the Super Duty by 18 inches. Obligatory steel bumpers at the front and rear, complemented by LED light bars on each side, electronic side-steps, and a metal skid plate, round off the upgrades. None of this comes cheap. A base Ford Super Duty F-250 starts at around $45,000, and that number climbs quickly once you add the $12,995 torque-healthy diesel engine and the $4,500 Tremor Off-Road package. A well-optioned factory F-250 can push past $100,000. MegaRexx takes things much, much further, with this particular build, finished in Rapid Red Metallic. They call it the F250 Original Super Duty Crew Cab, and it's priced at a steep $179,950. That's a lot of money for a truck, but it's also a lot of truck. If your dream is a go-anywhere diesel beast that towers over traffic, MegaRexx might be your kind of crazy. Copyright 2025 The Arena Group, Inc. All Rights Reserved.