AGL 23.25 Increased By ▲ 1.22 (5.54%)
AIRLINK 108.60 Increased By ▲ 3.80 (3.63%)
BOP 5.25 Increased By ▲ 0.03 (0.57%)
CNERGY 3.75 Increased By ▲ 0.02 (0.54%)
DCL 7.90 Increased By ▲ 0.20 (2.6%)
DFML 38.33 Increased By ▲ 1.93 (5.3%)
DGKC 88.10 Increased By ▲ 1.05 (1.21%)
FCCL 22.35 Increased By ▲ 0.37 (1.68%)
FFBL 41.50 Increased By ▲ 0.54 (1.32%)
FFL 8.60 Decreased By ▼ -0.05 (-0.58%)
HUBC 152.70 Increased By ▲ 2.45 (1.63%)
HUMNL 10.64 Increased By ▲ 0.33 (3.2%)
KEL 4.45 No Change ▼ 0.00 (0%)
KOSM 3.85 Increased By ▲ 0.06 (1.58%)
MLCF 37.03 Increased By ▲ 0.13 (0.35%)
NBP 48.26 Increased By ▲ 0.33 (0.69%)
OGDC 131.25 Increased By ▲ 1.55 (1.2%)
PAEL 26.20 Decreased By ▼ -0.29 (-1.09%)
PIBTL 6.03 Increased By ▲ 0.05 (0.84%)
PPL 115.35 Increased By ▲ 1.01 (0.88%)
PRL 22.95 Increased By ▲ 0.35 (1.55%)
PTC 12.78 Increased By ▲ 0.26 (2.08%)
SEARL 55.63 Increased By ▲ 1.43 (2.64%)
TELE 7.25 Increased By ▲ 0.15 (2.11%)
TOMCL 37.00 Increased By ▲ 1.10 (3.06%)
TPLP 8.18 Increased By ▲ 0.03 (0.37%)
TREET 15.45 Decreased By ▼ -0.05 (-0.32%)
TRG 54.80 Increased By ▲ 0.79 (1.46%)
UNITY 32.71 Increased By ▲ 0.71 (2.22%)
WTL 1.18 Decreased By ▼ -0.01 (-0.84%)
BR100 8,381 Increased By 90.8 (1.1%)
BR30 26,333 Increased By 321.1 (1.23%)
KSE100 79,261 Increased By 721.3 (0.92%)
KSE30 25,411 Increased By 203.1 (0.81%)

WASHINGTON/HEL-SINKI: Finland has chosen US defence giant Lockheed Martin’s F-35 fighters to replace ageing 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 optimised weapons package and to control future contract amendments, it added.

“When comparing military performance, the F-35 best met our needs,” Defence Minister Antti Kaikkonen told a news conference.

Comments

Comments are closed.