Denmark to Move Forward on $3B F-35 Purchase

Denmark will proceed on a plan to purchase 27 F-35A fighter jets for $3 billion total from Lockheed Martin (NYSE: LMT), Reuters reported Thursday.

Nikolaj Skydsgaard wrote Denmark becomes the 11th country to purchase the F-35’s conventional takeoff-and-landing variant used by U.S. and international partner air forces.

The Danish government recommended the purchase in May to replace the country’s fleet of Lockheed-built F-16 jets, which are set to retire.

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