Peru is postponing plans to buy new fighter jets until the next government takes office in June, according to President José María Balcázar.
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The decision is justified by the fact that the deal would entail a large debt burden, Bloomberg reports.
The deal, which according to earlier reports concerns Lockheed Martin's F16 aircraft, was decided by a previous government. Among the competitors for that aircraft are Swedish Saab Gripen.
Saab says in a comment to Dagens industri, Di, that the company is following the process and continues to present its Gripen offer as a cost-effective alternative.
