Finland Orders 64 Lockheed F-35 Fighter Jets for $9.4 Billion

HELSINKI/WASHINGTON—Finland has chosen U.S. defense giant Lockheed Martin’s F-35 fighters to replace aging F/A-18 combat jets and plans to order 64 planes with weapons systems in a $9.4 billion deal, the government said on Friday. Lockheed Martin competed in a tender for the deal with Sweden’s Saab, U.S. rival Boeing, France’s Dassault, and Britain’s BAE Systems. The procurement from Lockheed, including weapons as well as service and maintenance until 2030, is estimated to cost 8.378 billion euros ($9.44 billion), the government said. The construction of hangars and other equipment will add a further 777 million euros, and 824 million euros will be reserved for the final optimized weapons package and to control future contract amendments, it added. “When comparing military performance, the F-35 best met our needs,” Defense Minister Antti Kaikkonen told a news conference. Military planemakers have been vying for the deal since late 2015, when the Finnish defense …

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