Saab Shares Plunge As Finland Reported To Pick F-35 In Fighter Fleet Upgrade

In picking the F-35, Finland will follow its Nordic peers Denmark and Norway, which settled for 27 and 52 jets respectively in deals dubbed the biggest in their military history.
Finland is set to pick Lockheed Martin’s F-35 fighter jets as part of a EUR 10 billion ($11.3 billion) tender to replace its ageing fleet of F/A-18 Hornets, the newspaper Iltalehti has reported, citing a number of unidentified defence and security sources. Read More…