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Swedish government postpones decision to participate in development of unmanned aircraft - report
Nordic Business Report, June 10, 2005
NORDIC BUSINESS REPORT-10 June 2005-Swedish government postpones decision to participate in development of unmanned aircraft - report(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish government has reportedly decided to postpone the decision on whether it will invest some SEK750m in the development of an unmanned combat aircraft, the Neuron project.
Neuron is a joint project of the French aerospace company Dassault and Sweden's Saab.
France plans to invest some SEK3bn in the project.
In a press statement quoted by the Swedish news agency Direkt, Saab has expressed its surprise at the government's decision. Saab pointed out that the investment would secure work in the high-tech sector as well as uphold the competitiveness of the Swedish aircraft industry.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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