Register

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.

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

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.
See a mistake? Contact us.

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.

Ready to Sell Your Aircraft?

List your airplane on AircraftForSale.com and reach qualified buyers.

List Your Aircraft
AircraftForSale Logo | FLYING Logo
Pilot in aircraft
Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox.

SUBSCRIBE