Lockheed Martin Wins Finland’s $11 Billion F-35 Fighter-Jet Tender

  • Russia’s neighbor buys 64 F-35A planes to replace aging fleet
  • Contract to deepen military ties between U.S. and Finland

Photographer: Jeff J Mitchell/Getty Images

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Finland selected Lockheed Martin Corp. to supply a fleet of fighter jets in an $11 billion procurement, replacing aging warplanes that now defend the territory of Russia’s Nordic neighbor.

Lockheed will provide 64 F-35A aircraft and an extensive weapons package, Defense Minister Antti Kaikkonen said at a news conference in Helsinki on Friday. The non-NATO member of the European Union had also considered offers from Boeing Co., Dassault Aviation SA, the Eurofighter consortium and Saab AB.