IBOV 171,133 ▼ 0.21% IPSA 10,923 ▲ 1.70% IPC MEX 67,955 ▲ 1.46% MERVAL 3,352,708 ▼ 0.01% COLCAP 2,386.78 ▲ 1.53% BVL PERÚ 56,321.11 ▲ 7.67% USD/BRL 5.06 ▼ 0.07% USD/MXN 17.20 ▲ 0.04% USD/CLP 898.70 — 0.00% USD/COP 3,490 ▲ 0.00% USD/PEN 3.40 ▼ 0.03% USD/ARS 1,429 ▼ 0.05% USD/UYU 40.54 — 0.00% USD/PYG 6,094 — 0.00% USD/BOB 6.85 — 0.00% USD/DOP 58.58 ▼ 0.17% USD/CRC 451.82 — 0.00% USD/GTQ 7.61 ▲ 2.27% USD/HNL 26.65 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 585.94 ▼ 0.13% USD/PAB 1.00 ▲ 2.27% USD/BZD 2.00 ▲ 1.70% USD/JMD 157.59 ▲ 0.65% USD/TTD 6.76 ▲ 1.49% EUR/BRL 5.87 ▼ 0.09% BRENT 83.51 ▼ 4.37% WTI 80.73 ▼ 4.89% IRON ORE 161.91 — — COPPER 6.52 ▲ 1.38% GOLD 4,350 ▲ 3.20% SILVER 70.40 ▲ 3.74% SOY 1,110 ▼ 0.36% CORN 407.50 ▼ 1.27% WHEAT 573.75 ▼ 1.84% COFFEE 253.80 ▼ 0.06% SUGAR 14.12 ▲ 3.07% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.44 ▲ 4.80% COCOA 3,979 ▲ 7.25% BEEF 241.18 ▼ 4.10% CATTLE 357.43 ▼ 0.62% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 — 0.00% VALE3 79.17 — 0.00% ITUB4 40.60 — 0.00% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 — 0.00% PRIO3 61.34 — 0.00% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 — 0.00% GMAT3 3.96 — 0.00% PSSA3 50.49 — 0.00% CVCB3 1.39 ▲ 5.30% POSI3 3.64 — 0.00% SLCE3 14.25 — 0.00% NATU3 8.56 — 0.00% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 — 0.00% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 — 0.00% VIVT3 33.53 — 0.00% RAIL3 13.36 — 0.00% KLABIN 16.88 — 0.00% RAIA DROGASIL 17.46 — 0.00% RDOR3 34.08 — 0.00% HAPV3 11.40 — 0.00% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 — 0.00% UGPA3 24.80 — 0.00% VBBR3 29.15 — 0.00% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 — 0.00% COMPASS 25.29 — 0.00% VAMOS 3.03 ▲ 3.06% SANB11 27.13 — 0.00% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 — 0.00% WALMEX 52.15 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80.73 ▼ 4.89% IRON ORE 161.91 — — COPPER 6.52 ▲ 1.38% GOLD 4,350 ▲ 3.20% SILVER 70.40 ▲ 3.74% SOY 1,110 ▼ 0.36% CORN 407.50 ▼ 1.27% WHEAT 573.75 ▼ 1.84% COFFEE 253.80 ▼ 0.06% SUGAR 14.12 ▲ 3.07% ORANGE JUICE 164.85 ▼ 0.57% COTTON 76.44 ▲ 4.80% COCOA 3,979 ▲ 7.25% BEEF 241.18 ▼ 4.10% CATTLE 357.43 ▼ 0.62% LITHIUM 82.37 ▲ 2.02% PETR4 41.18 — 0.00% VALE3 79.17 — 0.00% ITUB4 40.60 — 0.00% BBDC4 17.80 ▲ 0.68% ABEV3 16.61 ▼ 0.18% BBAS3 19.46 ▲ 0.26% B3SA3 15.23 ▼ 1.36% WEGE3 42.61 — 0.00% PRIO3 61.34 — 0.00% SUZB3 41.52 ▲ 0.56% RENT3 40.70 ▼ 0.25% AZZA3 17.19 ▼ 1.83% CSAN3 3.34 ▼ 0.89% RAIZ4 0.43 — 0.00% PCAR3 1.55 — 0.00% GMAT3 3.96 — 0.00% PSSA3 50.49 — 0.00% CVCB3 1.39 ▲ 5.30% POSI3 3.64 — 0.00% SLCE3 14.25 — 0.00% NATU3 8.56 — 0.00% BRKM5 9.10 ▼ 6.67% RANI3 7.95 — 0.00% CSNA3 6.05 ▲ 0.67% CMIN3 4.30 ▼ 0.92% USIM5 10.85 — 0.00% GGBR4 23.88 — 0.00% ENEV3 24.54 ▲ 0.57% NEOE3 33.80 — 0.00% CPFE3 44.42 ▲ 0.11% CMIG4 10.73 ▼ 0.74% EQTL3 38.77 ▼ 0.31% LREN3 15.38 — 0.00% VIVT3 33.53 — 0.00% RAIL3 13.36 — 0.00% KLABIN 16.88 — 0.00% RAIA DROGASIL 17.46 — 0.00% RDOR3 34.08 — 0.00% HAPV3 11.40 — 0.00% FLRY3 15.18 ▲ 0.13% SMTO3 15.80 — 0.00% UGPA3 24.80 — 0.00% VBBR3 29.15 — 0.00% BBSE3 37.87 ▲ 0.19% BPAC11 50.39 ▼ 0.18% CURY3 32.11 ▲ 0.72% AERI3 2.33 ▼ 0.43% VIVARA 21.33 — 0.00% COMPASS 25.29 — 0.00% VAMOS 3.03 ▲ 3.06% SANB11 27.13 — 0.00% ASAI3 8.10 ▼ 1.70% SBSP3 27.54 — 0.00% WALMEX 52.15 ▲ 0.66% GMEXICO 209.34 ▲ 1.32% FEMSA 222.73 ▲ 0.52% CEMEX 22.31 ▲ 1.97% GFNORTE 187.96 ▲ 2.92% BIMBO 58.24 — 0.00% TELEVISA 9.99 ▲ 1.42% AMX 23.92 ▲ 0.34% GAP 407.52 ▲ 2.66% ASUR 287.09 ▲ 1.07% OMA 219.39 ▲ 2.80% KOF 187.96 ▲ 1.56% GRUMA 296.70 ▲ 1.09% KIMBER 37.42 ▲ 2.44% SQM-B 75,500 ▲ 3.99% COPEC 6,120 ▼ 0.63% BSANTANDER 73.60 ▲ 1.60% FALABELLA 5,950 ▼ 0.34% ENELAM 79.57 ▲ 3.06% CENCOSUD 2,248 ▲ 3.11% CMPC 1,060 ▲ 1.89% BANCO CHILE 182.00 ▲ 2.10% LATAM AIR 23.94 ▲ 3.41% YPF 83,400 ▼ 0.36% GGAL 8,210 ▼ 0.73% PAMPA 5,290 ▼ 0.28% TXAR 694.00 ▼ 0.93% ALUAR 1,029 ▲ 0.19% TGS 9,875 ▼ 0.25% CEPU 2,371 ▼ 1.00% MIRGOR 17,150 ▼ 0.72% COME 44.98 ▼ 2.34% LOMA NEGRA 3,750 — 0.00% BYMA 305.50 ▲ 0.74% TELECOM ARG 4,570 ▼ 3.89% ECOPETROL 16.58 ▲ 1.97% BANCOLOMBIA 80.26 ▼ 0.71% GRUPO AVAL 5.55 ▲ 3.16% CREDICORP 369.55 ▲ 0.32% SOUTHERN COPPER 189.79 ▲ 4.19% BUENAVENTURA 33.42 ▲ 2.01% MERCADOLIBRE 1,590 ▼ 1.27% NUBANK 12.19 ▲ 0.83% XP 16.02 ▲ 2.36% PAGSEGURO 8.96 ▲ 0.22% STONE 11.26 ▲ 0.09% GLOBANT 37.49 ▲ 2.94% TECNOGLASS 43.79 ▲ 0.11% GAP AIRPORT 236.89 ▲ 3.08% ASUR 287.09 ▲ 1.07% OMA AIRPORT 101.77 ▲ 2.59% AMX ADR 27.76 ▲ 0.36% FEMSA ADR 129.37 ▲ 0.79% CEMEX ADR 12.98 ▲ 2.20% PETROBRAS ADR 18.38 ▲ 0.77% VALE ADR 15.71 ▲ 2.28% ITAU ADR 7.99 ▲ 1.01% SANTANDER BR 5.43 ▲ 1.12% AMBEV ADR 3.25 ▲ 0.93% CSN 1.22 ▲ 0.83% GERDAU 4.75 ▲ 1.93% LATAM ADR 53.25 ▲ 3.46% BTC 65,601 ▼ 0.17% ETH 1,716 ▼ 0.47% SOL 71.18 ▲ 0.02% XRP 1.18 ▼ 0.62% BNB 615.01 ▼ 0.17% ADA 0.18 ▼ 1.52% DOGE 0.09 ▼ 0.33% AVAX 6.76 ▼ 0.23% LINK 8.18 ▲ 0.12% DOT 1.00 ▲ 0.55% LTC 45.14 ▼ 0.48% BCH 212.72 ▲ 1.29% TRX 0.32 ▼ 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Monday, June 15, 2026

Defense Monitor Analysis

Colombia Bought a Swedish Fighter Jet With an American Engine

By · June 15, 2026 · 4 min read

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Colombia · Defense

Key Facts

The deal. Colombia signed a contract for 17 Swedish Gripen fighter jets in late 2025.

The value. The agreement is worth about €3.1bn ($3.6bn), Colombia’s largest-ever air purchase.

The catch. The Swedish jet is powered by an American-made engine, the GE F414.

The leverage. US export rules mean Washington can influence where that engine goes.

The scare. Early in 2026 reports suggested the US might block the engine export.

The fleet. The jets will replace Colombia’s aging Israeli-made Kfir aircraft.

Colombia has bought a European fighter jet with an American heart, a choice that quietly hands Washington a say over a deal meant to assert Colombian independence.

Saab Gripen fighter jet selected by Colombia to replace its Kfir fleet
(Photo internet reproduction)
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When a country buys a fighter jet, it likes to think it is making a sovereign choice. Colombia’s latest purchase shows how blurred that idea can become.

In late 2025 Colombia signed a deal for seventeen Gripen jets built by Sweden’s Saab. For a reader abroad, it was a landmark, the largest aircraft purchase in the country’s history.

The agreement is worth around three and a half billion dollars. It will replace Colombia’s elderly Israeli-made Kfir jets, which have flown for the air force for more than three decades.

The order itself is a mix of two versions. It covers fifteen single-seat fighters and two twin-seat models, with deliveries spread across several years from 2026 onward.

Sweden sweetened the offer with more than aircraft. The package includes broad technology-sharing deals reaching into areas like cybersecurity, clean energy and water treatment.

Yet the most interesting part of the deal is hidden under the hood. The Swedish jet runs on an engine made in the United States.

The American engine in a Swedish fighter jet

The Gripen is unmistakably a Swedish aircraft. But like most modern jets, it is assembled from parts made around the world.

Its single engine is built by General Electric, an American company. Without that engine, the jet simply cannot fly, which gives the component outsized importance.

American export rules cover any sale of that engine abroad. In practice, that means Washington has a say in who is allowed to buy the Swedish jet that depends on it.

It is a quiet but powerful form of leverage. A country can choose a non-American jet and still find that the United States holds a key to the deal.

There is a way around it, in theory. France’s Rafale is built without American parts, making it immune to this kind of pressure, and analysts noted Colombia could have turned to it if the engine were blocked.

A scare, then a signature

That leverage was not just theoretical. Early in 2026, reports suggested Washington might block the export of the engine to Colombia altogether.

Analysts read it as a nudge toward an American jet. By squeezing the engine, the United States could make the rival F-16 look like the safer bet.

In the end the deal survived. The signing of a binding contract signalled that the export concerns had been resolved, and Colombia’s defense ministry said the agreement faced no such restrictions.

The episode still left a mark. It showed how close a major purchase had come to unravelling over a single foreign-made part.

Why it matters beyond Colombia

The story sits inside a wider contest for the skies of South America. Sweden’s Gripen and America’s F-16 are competing to become the region’s standard fighter.

Colombia’s choice keeps the Gripen in the game, alongside Brazil, which builds the jet at home. Neighbouring Peru, by contrast, recently swung the other way toward the American aircraft.

The deal is also politically charged at home. Relations between Colombia’s government and Washington have been tense, and some figures even urged the United States to pause the sale.

For a foreign reader, the lesson is about the limits of independence. Even a sovereign defense choice can run through a factory floor in another country.

It is a pattern likely to recur as more nations shop for jets. So long as the best engines and electronics come from a handful of powers, those powers keep a hand on the controls.

Colombia, for now, appears to have threaded the needle. It secured the jet it wanted while accepting that a measure of dependence came built into the deal.

Frequently Asked Questions

What fighter jet did Colombia buy?

Colombia signed a contract for seventeen Saab Gripen E/F jets from Sweden in late 2025. The deal is worth about three and a half billion dollars and will replace its aging Kfir fleet.

Why can the US influence the deal?

The Swedish jet is powered by an American-made General Electric engine. Because US export rules cover that component, Washington holds a measure of control over where the aircraft can be sold.

Was the deal blocked?

There were reports in early 2026 that the US might block the engine export, but the deal ultimately went ahead. The binding contract indicated the export concerns had been resolved.

Connected Coverage

How a U.S. veto threat rattled regional defense plans

How Brazil turned a fighter deal into an aerospace industry

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