9 December 2013
Boeing (NYSE: BA) and Saab AB (Stockholm: SAABB) said they have signed a joint development agreement (JDA) to develop and build a new, cost-efficient T-X Family of Systems training solution for the upcoming competition to replace the US Air Force´s aging T-38 aircrew training system.
The agreement, with Boeing as the prime contractor and Saab AB as primary partner, covers areas including design, development, production, support, sales and marketing.
“Teaming with Saab will bring together our companies´ formidable technical expertise, global presence, and willingness to present an adaptable and affordable advanced pilot training solution,” said Boeing Military Aircraft president Chris Chadwick. “Boeing and Saab form the foundation for what will be the strongest, most cost-effective industry team. Our comprehensive Family of Systems approach provides a new, purpose-built T-X aircraft supported by innovative training and logistics support to offer total-life-cycle cost benefits to the US Air Force and taxpayers.”
Swedish defense and security company Saab serves the global market with world-leading products, services and solutions ranging from military defense to civil security.
A unit of The Boeing Company (NYSE: BA) , Boeing Defense, Space & Security is one of the world´s largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world´s largest and most versatile manufacturer of military aircraft.