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Finland president says no fighter deal commitment with Boeing

Published 08/29/2017, 04:45 PM
© Reuters.  Finland president says no fighter deal commitment with Boeing
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  • Finland Pres. Niinisto denies that the country is buying new fighter jets from Boeing (NYSE:BA), despite remarks by U.S. Pres. Trump during a news conference yesterday at the White House.
  • “One of the things that is happening is you’re purchasing large amounts of our great F-18 aircraft from Boeing and it’s one of the great planes, the great fighter jets,” Trump said; Niinisto did not respond, but later told reporters that "the purchase is just starting... that is very clear here."
  • Finland is looking to replace its aging fleet of 62 F/A-18 Hornet jets in a procurement estimated at €7B-€10B, and is expected to request that European and U.S. planemakers provide quotations for new jets in 2018, with a final decision made in the early 2020s.
  • Now read: Boeing: Widebody Production Does Not Scale Well


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