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Finland Inks $9.4 Billion Deal To Buy 64 F-35 Stealth Fighters

Finland plans to fully replace its aging fleet of F/A-18 Hornets with the stealth fighter by 2030, according to defense officials.

Kimberly Johnson
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A magnet on the F-35 turbomachine includes cobalt and samarium alloy determined to be produced in China. [Courtesy: Department of Defense]
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Key Takeaways:

  • Finland has signed a $9.4 billion agreement with Lockheed Martin to purchase 64 F-35 Lightning II fighter jets.
  • The F-35s will replace Finland's aging F/A-18 Hornet fleet, with deliveries scheduled from 2025 to 2030.
  • The procurement aims to modernize Finland's national defense and ensure its airspace security for decades.
  • Though not a NATO member, Finland is acquiring NATO-compatible aircraft for greater cooperation and maintains its right to apply for NATO membership.
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Finland has signed an agreement worth $9.4 billion to purchase 64 F-35 Lightning II fighter jets from Lockheed Martin (NYSE: LMT).

Finland’s Ministry of Defence signed a letter of offer and acceptance on February 11 for the aircraft and their maintenance services.

Kimberly Johnson

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