IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL5.07▼ 0.42% USD/MXN17.40▼ 0.19% USD/CLP934.89▲ 0.04% USD/COP3,220▼ 1.50% USD/PEN3.39▲ 0.09% USD/ARS1,477▼ 0.30% USD/UYU40.11▲ 1.23% USD/PYG6,045▲ 1.76% USD/BOB10.80▲ 2.69% USD/DOP58.02▲ 0.31% USD/CRC446.12▲ 1.15% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 0.73% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 1.26% BRENT 91.18 ▲ 2.20% WTI 84.41 ▲ 1.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.59% GOLD 4,072 ▲ 1.55% SILVER 59.02 ▲ 3.90% SOY 1,223 ▼ 0.22% CORN 476.00 ▲ 5.90% WHEAT 677.00 ▲ 0.45% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 143.10 ▼ 2.92% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.23 ▼ 1.46% CATTLE 345.63 ▼ 1.81% LITHIUM 69.18 ▲ 3.38% PETR4 41.62 ▲ 1.14% VALE3 72.37 ▲ 0.61% ITUB4 42.42 ▲ 0.28% BBDC4 18.54 ▲ 0.71% ABEV3 15.83 ▲ 0.25% BBAS3 20.72 ▲ 2.73% B3SA3 15.12 ▼ 0.92% WEGE3 42.63 ▼ 1.16% PRIO3 58.60 ▲ 1.58% SUZB3 41.53 ▼ 0.86% RENT3 36.63 ▼ 2.29% AZZA3 17.83 ▼ 1.87% CSAN3 3.77 ▼ 1.31% RAIZ4 0.28 ▲ 3.70% PCAR3 2.74 ▲ 5.38% GMAT3 3.81 ▼ 1.04% PSSA3 53.28 ▼ 1.70% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.62 ▲ 0.37% NATU3 8.77 ▲ 1.62% BRKM5 5.82 ▼ 2.02% RANI3 7.87 ▼ 1.50% CSNA3 5.08 ▲ 0.20% CMIN3 5.45 ▲ 1.11% USIM5 8.42 ▲ 3.19% GGBR4 23.61 ▼ 0.04% ENEV3 25.42 ▼ 0.90% CPFE3 46.48 ▲ 0.35% CMIG4 11.03 ▲ 0.09% EQTL3 38.60 ▼ 1.76% LREN3 13.18 ▼ 0.98% VIVT3 35.48 ▼ 0.53% RAIL3 13.27 ▼ 2.21% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.47 ▼ 1.18% RDOR3 33.35 ▼ 5.92% HAPV3 11.11 ▼ 3.81% FLRY3 16.43 ▼ 0.79% SMTO3 15.41 — 0.00% UGPA3 31.64 ▼ 0.19% VBBR3 33.69 ▼ 1.23% BBSE3 41.11 ▲ 0.15% BPAC11 55.50 ▼ 0.61% CURY3 29.61 ▼ 1.92% AERI3 2.05 ▼ 0.97% VIVARA 21.33 ▼ 2.87% COMPASS 24.38 ▼ 0.89% VAMOS 3.08 ▼ 0.32% SANB11 27.24 ▲ 0.85% ASAI3 8.17 ▲ 0.37% SBSP3 28.63 ▼ 1.21% WALMEX 49.31 ▼ 0.14% GMEXICO 206.82 ▲ 2.98% FEMSA 225.76 ▼ 0.53% CEMEX 21.88 — 0.00% GFNORTE 185.61 ▲ 3.12% BIMBO 59.15 ▼ 0.59% TELEVISA 9.76 ▲ 0.51% AMX 22.69 ▼ 0.22% GAP 377.98 ▼ 0.06% ASUR 273.18 ▼ 0.43% OMA 224.74 ▼ 0.75% KOF 180.69 ▼ 0.07% GRUMA 282.59 ▼ 1.74% KIMBER 38.20 ▼ 0.49% SQM-B 64,878 ▲ 2.78% COPEC 6,360 ▲ 2.58% BSANTANDER 79.34 ▲ 4.27% FALABELLA 5,912 ▲ 0.63% ENELAM 84.50 ▲ 0.46% CENCOSUD 2,017 ▲ 1.09% CMPC 1,083 ▲ 1.59% BANCO CHILE 190.94 ▲ 2.39% LATAM AIR 24.39 ▼ 0.08% YPF 80,250 ▲ 1.33% GGAL 8,000 ▲ 1.98% PAMPA 5,440 ▲ 3.23% TXAR 665.50 ▼ 0.75% ALUAR 966.50 ▲ 0.73% TGS 9,770 ▲ 2.84% CEPU 2,347 ▲ 2.53% MIRGOR 16,900 ▼ 1.31% COME 43.00 ▲ 0.12% LOMA NEGRA 3,630 ▲ 1.61% BYMA 294.25 ▲ 0.17% TELECOM ARG 4,213 ▲ 1.63% ECOPETROL 16.52 ▲ 3.03% BANCOLOMBIA 83.46 ▲ 3.27% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 394.05 ▲ 1.86% SOUTHERN COPPER 186.20 ▲ 6.36% BUENAVENTURA 31.26 ▲ 3.99% MERCADOLIBRE 1,817 ▼ 0.83% NUBANK 14.26 ▲ 1.89% XP 16.73 ▼ 0.42% PAGSEGURO 9.52 ▲ 2.42% STONE 11.25 ▲ 1.12% GLOBANT 31.99 ▼ 0.93% TECNOGLASS 45.88 ▼ 0.51% GAP AIRPORT 217.13 ▲ 0.00% ASUR 273.18 ▼ 0.43% OMA AIRPORT 103.34 ▼ 0.64% AMX ADR 26.06 ▼ 0.15% FEMSA ADR 130.03 ▲ 0.01% CEMEX ADR 12.58 ▲ 0.72% PETROBRAS ADR 18.48 ▲ 1.57% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.36 ▲ 0.42% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 — 0.00% GERDAU 4.68 ▼ 0.11% LATAM ADR 52.01 ▲ 0.52% BTC 66,180 ▲ 1.46% ETH 1,917 ▲ 0.71% SOL 77.67 ▼ 0.16% XRP 1.16 ▲ 4.01% BNB 572.77 ▲ 0.36% ADA 0.17 ▲ 1.89% DOGE 0.07 ▲ 1.39% AVAX 6.61 ▲ 0.51% LINK 8.62 ▲ 0.45% DOT 0.85 ▲ 3.37% LTC 47.23 ▼ 0.23% BCH 224.85 ▲ 2.25% TRX 0.33 ▲ 0.53% XLM 0.19 ▲ 2.47% HBAR 0.07 ▲ 2.90% NEAR 1.93 ▼ 2.36% ATOM 1.49 ▼ 0.27% AAVE 95.12 ▲ 5.95% SELIC 14.25% EMBRAER 83.22 ▼ 0.08% EMBRAER ADR 65.69 ▼ 0.36% JBS 11.87 ▼ 1.33% JBS BDR 60.20 ▼ 0.97% MBRF3 15.24 ▲ 4.96% MBRFY 2.96 ▲ 1.72% INTER 5.54 ▼ 1.42% IBOV 172,812.43 ▼ 0.32% IPSA 10,957.23 ▲ 0.55% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,281,489 ▲ 1.79% COLCAP 2,309.56 ▲ 0.49% BVL PERÚ 56,620.35 — — USD/BRL 5.07 ▼ 0.42% USD/MXN 17.40 ▼ 0.19% USD/CLP 934.93 ▲ 0.05% USD/COP 3,220 ▼ 1.50% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,477 ▼ 0.30% USD/UYU 40.11 ▲ 1.23% USD/PYG 6,045 ▲ 1.76% USD/BOB 10.80 ▲ 2.69% USD/DOP 58.02 ▲ 0.31% USD/CRC 446.12 ▲ 1.15% USD/GTQ 7.62 ▲ 2.33% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 0.73% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 1.26% BRENT 91.18 ▲ 2.20% WTI 84.41 ▲ 1.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 3.59% GOLD 4,072 ▲ 1.55% SILVER 59.02 ▲ 3.90% SOY 1,223 ▼ 0.22% CORN 476.00 ▲ 5.90% WHEAT 677.00 ▲ 0.45% COFFEE 322.80 ▼ 3.47% SUGAR 14.90 ▲ 0.54% ORANGE JUICE 143.10 ▼ 2.92% COTTON 80.03 ▲ 3.44% COCOA 5,606 ▲ 1.56% BEEF 223.23 ▼ 1.46% CATTLE 345.63 ▼ 1.81% LITHIUM 69.18 ▲ 3.38% PETR4 41.62 ▲ 1.14% VALE3 72.37 ▲ 0.61% ITUB4 42.42 ▲ 0.28% BBDC4 18.54 ▲ 0.71% ABEV3 15.83 ▲ 0.25% BBAS3 20.72 ▲ 2.73% B3SA3 15.12 ▼ 0.92% WEGE3 42.63 ▼ 1.16% PRIO3 58.60 ▲ 1.58% SUZB3 41.53 ▼ 0.86% RENT3 36.63 ▼ 2.29% AZZA3 17.83 ▼ 1.87% CSAN3 3.77 ▼ 1.31% RAIZ4 0.28 ▲ 3.70% PCAR3 2.74 ▲ 5.38% GMAT3 3.81 ▼ 1.04% PSSA3 53.28 ▼ 1.70% CVCB3 1.14 ▲ 5.56% POSI3 3.75 ▲ 1.35% SLCE3 13.62 ▲ 0.37% NATU3 8.77 ▲ 1.62% BRKM5 5.82 ▼ 2.02% RANI3 7.87 ▼ 1.50% CSNA3 5.08 ▲ 0.20% CMIN3 5.45 ▲ 1.11% USIM5 8.42 ▲ 3.19% GGBR4 23.61 ▼ 0.04% ENEV3 25.42 ▼ 0.90% CPFE3 46.48 ▲ 0.35% CMIG4 11.03 ▲ 0.09% EQTL3 38.60 ▼ 1.76% LREN3 13.18 ▼ 0.98% VIVT3 35.48 ▼ 0.53% RAIL3 13.27 ▼ 2.21% KLABIN 17.43 ▼ 0.29% RAIA DROGASIL 18.47 ▼ 1.18% RDOR3 33.35 ▼ 5.92% HAPV3 11.11 ▼ 3.81% FLRY3 16.43 ▼ 0.79% SMTO3 15.41 — 0.00% UGPA3 31.64 ▼ 0.19% VBBR3 33.69 ▼ 1.23% BBSE3 41.11 ▲ 0.15% BPAC11 55.50 ▼ 0.61% CURY3 29.61 ▼ 1.92% AERI3 2.05 ▼ 0.97% VIVARA 21.33 ▼ 2.87% COMPASS 24.38 ▼ 0.89% VAMOS 3.08 ▼ 0.32% SANB11 27.24 ▲ 0.85% ASAI3 8.17 ▲ 0.37% SBSP3 28.63 ▼ 1.21% WALMEX 49.31 ▼ 0.14% GMEXICO 206.82 ▲ 2.98% FEMSA 225.76 ▼ 0.53% CEMEX 21.88 — 0.00% GFNORTE 185.61 ▲ 3.12% BIMBO 59.15 ▼ 0.59% TELEVISA 9.76 ▲ 0.51% AMX 22.69 ▼ 0.22% GAP 377.98 ▼ 0.06% ASUR 273.18 ▼ 0.43% OMA 224.74 ▼ 0.75% KOF 180.69 ▼ 0.07% GRUMA 282.59 ▼ 1.74% KIMBER 38.20 ▼ 0.49% SQM-B 64,878 ▲ 2.78% COPEC 6,360 ▲ 2.58% BSANTANDER 79.34 ▲ 4.27% FALABELLA 5,912 ▲ 0.63% ENELAM 84.50 ▲ 0.46% CENCOSUD 2,017 ▲ 1.09% CMPC 1,083 ▲ 1.59% BANCO CHILE 190.94 ▲ 2.39% LATAM AIR 24.39 ▼ 0.08% YPF 80,250 ▲ 1.33% GGAL 8,000 ▲ 1.98% PAMPA 5,440 ▲ 3.23% TXAR 665.50 ▼ 0.75% ALUAR 966.50 ▲ 0.73% TGS 9,770 ▲ 2.84% CEPU 2,347 ▲ 2.53% MIRGOR 16,900 ▼ 1.31% COME 43.00 ▲ 0.12% LOMA NEGRA 3,630 ▲ 1.61% BYMA 294.25 ▲ 0.17% TELECOM ARG 4,213 ▲ 1.63% ECOPETROL 16.52 ▲ 3.03% BANCOLOMBIA 83.46 ▲ 3.27% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 394.05 ▲ 1.86% SOUTHERN COPPER 186.20 ▲ 6.36% BUENAVENTURA 31.26 ▲ 3.99% MERCADOLIBRE 1,817 ▼ 0.83% NUBANK 14.26 ▲ 1.89% XP 16.73 ▼ 0.42% PAGSEGURO 9.52 ▲ 2.42% STONE 11.25 ▲ 1.12% GLOBANT 31.99 ▼ 0.93% TECNOGLASS 45.88 ▼ 0.51% GAP AIRPORT 217.13 ▲ 0.00% ASUR 273.18 ▼ 0.43% OMA AIRPORT 103.34 ▼ 0.64% AMX ADR 26.06 ▼ 0.15% FEMSA ADR 130.03 ▲ 0.01% CEMEX ADR 12.58 ▲ 0.72% PETROBRAS ADR 18.48 ▲ 1.57% VALE ADR 14.25 ▲ 1.03% ITAU ADR 8.36 ▲ 0.42% SANTANDER BR 5.41 ▲ 0.65% AMBEV ADR 3.11 ▲ 0.97% CSN 1.01 — 0.00% GERDAU 4.68 ▼ 0.11% LATAM ADR 52.01 ▲ 0.52% BTC 66,180 ▲ 1.46% ETH 1,917 ▲ 0.71% SOL 77.67 ▼ 0.16% XRP 1.16 ▲ 4.01% BNB 572.77 ▲ 0.36% ADA 0.17 ▲ 1.89% DOGE 0.07 ▲ 1.39% AVAX 6.61 ▲ 0.51% LINK 8.62 ▲ 0.45% DOT 0.85 ▲ 3.37% LTC 47.23 ▼ 0.23% BCH 224.85 ▲ 2.25% TRX 0.33 ▲ 0.53% XLM 0.19 ▲ 2.47% HBAR 0.07 ▲ 2.90% NEAR 1.93 ▼ 2.36% ATOM 1.49 ▼ 0.27% AAVE 95.12 ▲ 5.95% SELIC 14.25% EMBRAER 83.22 ▼ 0.08% EMBRAER ADR 65.69 ▼ 0.36% JBS 11.87 ▼ 1.33% JBS BDR 60.20 ▼ 0.97% MBRF3 15.24 ▲ 4.96% MBRFY 2.96 ▲ 1.72% INTER 5.54 ▼ 1.42%
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Tuesday, July 21, 2026

Colombia’s Gripen Deal: How A Swedish Fighter Jet Is Re-Wiring Its Air Power

By · November 14, 2025 · 2 min read

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Colombia has decided to spend about 16.5 billones de pesos (around $4.1 billion) on 17 Swedish Saab Gripen E fighter jets. For a government that talks constantly about social priorities, that is not a casual choice.

It is the biggest military acquisition in decades and will define the country’s air power from the late 2020s into the 2030s. The story starts with a simple, uncomfortable fact: Colombia’s current Kfir jets are more than 30 years old and at the limit of what is safe and repairable.

Air force officers have warned that, without a replacement, the country would soon struggle to patrol its skies, protect pipelines and energy infrastructure, or respond quickly at the borders.

After comparing U.S. F-16s, France’s Rafale and Sweden’s Gripen, Bogotá opted for the Swedish plane in 2025. For non-specialists, the Gripen is a compact, modern workhorse.

It can take off from short, basic runways or even stretches of road, be refuelled and rearmed in minutes by a small ground crew, and perform air-to-air, air-to-ground and surveillance missions in the same day.

Colombia’s Gripen Deal: How A Swedish Fighter Jet Is Re-Wiring Its Air Power. (Photo Internet reproduction)
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Its radar and electronic sensors are built to spot threats early over mountains, jungle and coastline – exactly the kind of mixed terrain that defines Colombia.

Colombia links defence upgrade to development gains

Brazil already flies and assembles Gripens, which means shared training, maintenance and potentially future industrial cooperation. The money is tied to a broader economic package. Colombia will pay over several years, with European financing in the mix.

In return, Sweden and its partners are promising offset projects: a flexible solar-panel plant in Córdoba, drinking-water systems for drought-hit La Guajira and the modernization of Bogotá’s historic San Juan de Dios hospital. Supporters say this turns a defence bill into a development program as well.

Inside Colombia, most criticism comes from the left, which calls the jets an unnecessary luxury while many social demands remain unmet. Backers argue that a serious state cannot outsource its air defence or rely on aircraft from the 1980s.

For expats and investors, the deal signals something important: Colombia is quietly aligning more with Brazil and Europe, reducing automatic dependence on U.S. hardware, and betting that credible defence is a prerequisite for long-term stability and growth, not a substitute for it.

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