Colombia's new government is reviewing terms for its JAS 39 Gripen E/F fighter jet purchase from Saab. This review aims to renegotiate the contract signed in November 2025 rather than cancel the order.

The deal carries an approximate value of $4.24 billion. Saab scheduled aircraft deliveries to take place between 2027 and 2032.

Colombian officials are evaluating costs relative to Gripen contracts signed by other nations. Any revisions require formal coordination with Saab and the Swedish government to address existing legal and financial obligations.