President Jacob Zuma said he had received the final report from the commission of inquiry into the arms deal on Wednesday afternoon.
In a statement, the Presidency said Zuma received the report in Durban from members of the commission, Judge Willie Seriti and Judge Thekiso Musi.
"The commission completed its public hearings and other processes in June 2015 and commenced with the report writing phase which was completed in December 2015 as per the terms of reference of the commission, thus submitting the report to the President a day before the deadline.
"President Zuma expressed his gratitude to Judge Seriti and all members of the commission for the work done that ensured the successful conclusion of the work of the commission," the statement read.
Zuma also thanked all witnesses who participated in the commission.
Zuma appointed the commission in September 2011, after the Western Cape High Court in Cape Town was asked in 2009 to appoint an independent judicial inquiry into alleged corruption related to the arms deal.
The commission began its hearings in August 2013.
The arms deal saw government acquiring, among other items, 26 Gripen fighter aircraft, 24 Hawk lead-in fighter trainer aircraft for the SA Air Force and frigates and submarines for the SA Navy.