Word: viggen
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Pressures and Intrigue. Initially, five planes were competing for the consortium's order. They were SEPECAT's (a British-French joint company) Jaguar, Saab-Scania's Viggen from Sweden, France's Mirage F1/M53 made by Dassault-Brequet, and two U.S. products: General Dynamics' single-engine YF-16 and Northrop's twin-engine YF-17, nicknamed the Cobra...
...Jaguar was quickly eliminated because it is not fast enough (1.5 Mach). The Viggen stands little chance of being chosen because the NATO purchasers do not want to rely on the neutral Swedes for so important a component of their national arsenals. This left the French and Americans, whose planes are comparable in size, speed and cost. All three compete favorably with the Soviet Union's new MIG-23 Flogger and even with the MIG-25 Foxbat at altitudes up to 50,000 ft. Still, there are major differences (see chart...
...defense effort. The company has built about 90% of its country's 700-plane jet air force, the world's fifth largest-and soon it will increase even that impressive percentage. It has just been chosen by the Swedish government to build 800 Saab-designed Viggen multipurpose jet fighters, a force that will form Sweden's main line of defense during the 1970s. The Viggen project will be the largest industrial undertaking in Sweden's history, involving an expenditure of $1.6 billion over a twelve-year period...
Profits in Jets. Viggen will bring new prosperity to the already thriving 28-year-old company. Last week Saab announced that its 1964 sales rose to $221 million, its earnings to more than $3.8 million, both new records. Auto sales, which account for about 60% of the company's revenues, increased to a record 43,011 units, are expected to climb to 50,000 this year. Saab is still producing and profiting from its Draken-35 jet fighters, the current mainstay of the Swedish air force, and the piston-engine Safir trainers that are used by Sweden and five...
...into manufacturing autos in 1949 have more recently been applied to missiles. The company produces U.S. Falcon air-to-air missiles under license from Hughes Aircraft, is developing coastal defense and ship-to-ship missiles and an advanced air-to-ground missile system that will be installed on the Viggen. Experience gained in designing miniature computers for aircraft enabled Saab to take off in another direction. In the past two years, it has sold Saab-designed commercial computers at prices ranging from $300,000 to $1,000,000, built others for use in its own plants. Other Saab sidelines: trucks...