10:23 AM EDT, 10/27/2026 (MT Newswires) -- Saab (SAAB-B.ST) intends to work with three Canadian aerospace companies if Canada's government decides to proceed with a Gripen E fighter jet acquisition, according to a Tuesday release. The Swedish defense equipment maker has an existing memorandum of understanding with CAE for the delivery of fighter pilot and technician training, among other things. Saab also signed a new teaming agreement with IMP for a new final assembly line, as well as a new memorandum of understanding with Magellan Aerospace for the local production of advanced aerostructures, composite structures, and structural assemblies.

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