The Finnish government is mulling a ‘defence tax’ to net 500 million Euros a year for funding the purchase of four warships and fighter jets worth an approximate 10 billion Euros.
The political leaders in Norway had a closed-door meeting in late December to discuss plans for financing new naval vessels and a fleet of new fighter aircraft that could include a special, temporary defense tax, Finnish Broadcasting News reported today.
Prime Minister Juha Sipilä had held a meeting just a few days before Christmas together with the heads of all eight of nation's political parties, including the opposition, to discuss upcoming defense spending.
The Finnish Navy has been making initial preparations to acquire four new warships with a price tag of 1.2 billion euros. The base cost estimate for replacing Finland's aging F-18 fighters is between 7 and 10 billion, Helsingin Sanomat reported.
A decision in principle on these purchases is expected soon. A final decision will be up to the next cabinet, but the present government is likely to make decisions on financing these projects as a part of this spring's public spending plan.
Finnish state owned company Patria announced a plan to privatize a portion of the company by selling it to Kongsberg, a partially state-owned defense company in Norway. "The competition authorities have granted their approval concerning sale by State of Finland of 49
Finland is mulling to acquire drones along with new fighter jets to replace Hornets altogether by next decade. Defence Forces Logistics Command has put out a call to fighter jet contractors, asking for proposals to provide new craft to replace the existing fleet of Hornet jets, which are due to be de-commissioned by the start of 2025
Finlands ministry of defense (MoD) has issued a request for information for its new hx-fighter aircraft program. The MoD has sent a letter to Great Britain, France, Sweden and the US about the project launch on the 16 this month
The Finland Defence Forces has received a mandate from the countrys defence ministry to start the HX fighter project for replacing the operational capability of F/A-18 aircraft, which will be phased out by 2025. Developments in Finlands operating environment and the tasks of the Defence Forces, the Air Force and air defence require that the capabilities provided by the Hornet fleet be replaced by the end of the 2020s
Finlands Robonics that partnered with Kratos has delivered two of its third-generation Kontio pneumatic launchers to the US Army. The launchers were delivered to US Targets Management Office, part of PEO STRI (Program Executive Office for Simulation, Training and Instrumentation), after test completion last month, the company announced Wednesday
Finnish Defence Forces' Logistics Command has sent a preliminary Request for Information on suitable weapons and other task-related external equipment for the HX project. The project is intended to replace the Hornet fleet, the Finnish Defense Forces announced today
Bittium has won a contract from the Finnish Defence Forces to deliver its Tough Mobile LTE smartphones and related Secure Suite back-end system classified for confidential level. The contract signifies a strategic decision to reinforce the information security of the wireless communications of the Finnish Defence Forces, the company announced today
Finland has considered modernizing its armed forces with counter artillery systems and high-precision projectiles. In upcoming years, Finland plans to acquire counter artillery radar systems, which was unknown to the Nordic country's forces armed forces
Four of Finnish Navys Hamina-class missile-capable fast attack crafts (FAC) will be fit with torpedo as part of mid-life upgrade (MLU) program between 2019 and 2021. The MLU work will be conducted under what is known as the 'Squadron 2000' ('SQ 2000' or 'Laivue 2020') upgrade programme
Finland is planning to acquire counter artillery radar systems in the coming years. According to a report in Thursdays Helsingin Sanomat, Finnish Defence Forces may soon get a completely new counter artillery radar system, an untried system for domestic armed forces
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