Sweden is looking to donate up to 14 Saab Gripens to Ukraine but will not be able to do so until transfers there of Lockheed Martin F-16s have been completed.
Lockheed is not giving up on the Royal Thai Air Force F-16A/B replacement program, despite the service already saying it has selected the Saab JAS 39E/F Gripen.
By 2034, the in-service fleet of Saab JAS 39E/F Gripens will have grown to 130, with the Thailand sale potentially raising that total by 12 to 14 aircraft.
The Royal Thai Air Force's decision on its next fighter aircraft could be forced into a holding pattern after lawmakers appointed a new prime minister.
The financing deal would help fund a “once-in-a-generation investment” in the Filipino armed forces, Secretary of State Anthony Blinken said in Manila.
With Saab facing significant headwinds in large western markets, recent news indicates that the company has set its sights on smaller prospective deals elsewhere in the world.
The proposals to develop further missions for the Gripen are part of updated military advice provided to Stockholm by commander-in-chief General Micael Bydén.
The Royal Thai Air Force had previously announced that a squadron of Lockheed Martin F-16A/Bs based in Korat would be decommissioned between 2028 and 2031.