Thailand to Acquire 12 Advanced Gripen Fighter Jets: A Deal Worth Over 100 Billion Baht

Thailand's Royal Thai Air Force announced the purchase of 12 Gripen E/F fighter jets from Sweden, a deal valued at 60 billion baht. The first four jets, costing 19.5 billion baht, are slated for delivery in 2025. "This acquisition is not just about acquiring advanced fighter jets," explains a defense analyst, "but also securing significant technological and economic benefits for Thailand." The agreement includes over 100 billion baht in offset projects, boosting various sectors of the Thai economy. These offsets encompass technology transfer, local manufacturing, and skill development initiatives, ensuring long-term economic growth. The Gripen E/F's advanced capabilities will modernize Thailand's air defense capabilities, enhancing its national security. This strategic investment represents a significant step towards strengthening Thailand's defense posture and fostering technological advancement.