Ukraine and Sweden reach deal on future purchase of 100-150 Gripen fighter jets

Ukraine just got a lot closer to acquiring the Swedish-made Gripen, a much sought-after fighter jet built for war with Russia.

Ukraine and Sweden signed a letter of intent on Wednesday to export up to 150 JAS 39 Gripen E fighter jets to Kyiv, a major potential arms acquisition that would dramatically help modernize the country's air force.

The Ukrainian Air Force primarily operates a fleet of aging Soviet-designed aircraft, though it has gradually acquired Western fighters, including the American-made F-16 and the French Mirage.

The Gripen, manufactured by Swedish aerospace and defense giant Saab, is widely regarded as an ideal fighter jet for Ukraine. The jet is designed to operate from austere airstrips, requires minimal maintenance, and was built to fight and survive against Russian-style threats.