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  • Thursday, April 25, 2024

Report: Netherlands to Buy 37 Lockheed F-35 Jets

F35Netherlands Defence Minister Jeanine Hennis-Plasschaert is scheduled to announce Tuesday that the Dutch government will acquire 37 Lockheed Martin (NYSE: LMT) F-35 fighter jets, Reuters reports.

Anthony Deutsch and Andrea Shalal-Esa write the Netherlands would become the seventh country to place orders for the F-35 following the U.K.,  Australia, Italy, Norway, Israel and Japan.

Defense Department projections indicate each jet would cost around $85 million per unit, but a source told Reuters actual prices are estimated at around 10 percent lower than Pentagon figures.

The Netherlands has budgeted $6 billion for the jets and nearly $360 million in operating costs.

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