Defence minnow Saab humbling multinational aerospace Goliaths

Saab is a relatively small aerospace company, employing almost 14,000 personnel with sales of £2.25 billion in 2012: it is a David among Goliaths. And yet, as 2013 drew to a close it was announced that Brazil plans to buy 36 Saab Gripen fighter aircraft.The world fighter aircraft market is dominated by a few large firms from the USA, Europe and Russia. Among them are Boeing, Lockheed Martin and Eurofighter (producing the F-15; F-16; F-18; F-35; and Typhoon aircraft).

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