Dassault Aviation Loses Out to Lockheed Martin on $9.5 Billion Finland Contract -- Update
December 10 2021 - 10:15AM
Dow Jones News
By Cristina Roca
The Finnish government has chosen Lockheed Martin Corp. to
supply it with fighter jets and has ordered 64 of its F-35A
Lightning II for about 8.38 billion euros ($9.46 billion), it said
Friday.
Dassault Aviation SA, which had also bid for the contract, said
Friday that it has noted Finland's decision to choose an American
company.
"Once again, we notice and regret an American preference
prevailing in Europe," the French aircraft manufacturer said.
Other candidates for the contract were the Eurofighter
Typhoon--the jet made by a partnership between BAE Systems PLC,
Leonardo SpA and Airbus SE--, Saab AB's Gripen and Boeing Co.'s
F/A-18 Super Hornet.
The new jets will replace the Finnish air force's fleet of
Horner jets, the Finnish government said.
Dassault Aviation said it continues to develop the operational
capabilities of its Rafale jet along with its partners. It recently
received an order for 80 jets from the United Arab Emirates in a
deal worth more than EUR17 billion.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
December 10, 2021 10:00 ET (15:00 GMT)
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