A magnet on the F-35 turbomachine includes cobalt and samarium alloy determined to be produced in China. [Courtesy: Department of Defense]
Key Takeaways:
Finland has finalized a $9.4 billion agreement to purchase 64 F-35 Lightning II fighter jets from Lockheed Martin, set to replace its aging F/A-18 Hornet fleet by 2030.
The acquisition, described as long-term defense planning, takes place amidst heightened tensions with Finland's eastern neighbor, Russia.
Though not a NATO member, Finland is procuring NATO-compatible aircraft to facilitate greater cooperation and maintains the right to apply for NATO membership.