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Peru confirms purchase of 24 Swedish Gripen E/F fighter jets over French Rafale and US F-16

As reported by Peru21 on July 2, 2025, the Peruvian government, under President Dina Boluarte, has confirmed its decision to acquire 24 Gripen E/F fighter jets from Swedish manufacturer Saab, at an estimated cost of $3.5 billion. The selection concludes a multi-year evaluation process involving various international manufacturers and marks the beginning of a two-phase procurement program to replace the aging fleets of Mirage 2000 and MiG-29 aircraft operated by the Fuerza Aérea del Perú (FAP). The first phase will be financed by a $2 billion domestic loan from Banco de la Nación already included in the 2025 national budget, while the second phase, valued at $1.5 billion, is scheduled for 2026. Read full defense news at this link...

The Swedish Gripen E was selected over the American F-16 Block 70 and French Rafale F4, by offering a lower unit cost, shorter delivery timeline, and more favorable offset terms. (Picture source: Swedish Air Force)



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