AIRLINK 72.88 Decreased By ▼ -1.22 (-1.65%)
BOP 5.04 Increased By ▲ 0.04 (0.8%)
CNERGY 4.37 Increased By ▲ 0.03 (0.69%)
DFML 30.00 Increased By ▲ 0.46 (1.56%)
DGKC 84.15 Increased By ▲ 0.60 (0.72%)
FCCL 22.35 Decreased By ▼ -0.08 (-0.36%)
FFBL 34.06 Decreased By ▼ -0.84 (-2.41%)
FFL 10.26 Increased By ▲ 0.39 (3.95%)
GGL 10.35 Increased By ▲ 0.35 (3.5%)
HBL 112.00 No Change ▼ 0.00 (0%)
HUBC 140.44 Increased By ▲ 2.75 (2%)
HUMNL 8.03 Increased By ▲ 1.05 (15.04%)
KEL 4.37 Decreased By ▼ -0.03 (-0.68%)
KOSM 4.60 Increased By ▲ 0.01 (0.22%)
MLCF 38.54 Decreased By ▼ -0.01 (-0.03%)
OGDC 135.30 Decreased By ▼ -1.30 (-0.95%)
PAEL 26.69 Increased By ▲ 1.55 (6.17%)
PIAA 25.99 Decreased By ▼ -0.52 (-1.96%)
PIBTL 6.64 Decreased By ▼ -0.01 (-0.15%)
PPL 122.40 Decreased By ▼ -3.00 (-2.39%)
PRL 28.26 Increased By ▲ 0.05 (0.18%)
PTC 13.80 Decreased By ▼ -0.50 (-3.5%)
SEARL 54.95 Increased By ▲ 0.35 (0.64%)
SNGP 70.20 Decreased By ▼ -1.00 (-1.4%)
SSGC 10.50 No Change ▼ 0.00 (0%)
TELE 8.67 Increased By ▲ 0.15 (1.76%)
TPLP 11.00 Increased By ▲ 0.06 (0.55%)
TRG 62.05 Increased By ▲ 1.35 (2.22%)
UNITY 25.28 Decreased By ▼ -0.05 (-0.2%)
WTL 1.30 Increased By ▲ 0.04 (3.17%)
BR100 7,655 Decreased By -9.8 (-0.13%)
BR30 25,056 Increased By 30 (0.12%)
KSE100 73,040 Increased By 275.5 (0.38%)
KSE30 23,735 Decreased By -40.3 (-0.17%)

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.