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.

You may also be interested in...

Leidos to Buy Gibbs & Cox for $380M in Maritime Market Expansion Push; Roger Krone Quoted

Leidos (NYSE: LDOS) has agreed to acquire engineering and design firm Gibbs & Cox in …

Peter Cannito: Redwire Eyes Space Infrastructure Expansion With DSS Acquisition

Redwire, an aerospace company backed by AE Industrial Partners, has bought satellite solar array developer …