Saab Martin is a year ahead of its 2020 goal to reduce the cost of its F-35 fighter jet to $80m, according to campaign manager Mark Pranke. The company is among several vying to secure a €7bn ($7.9bn) to €10bn contract with Finland to replace the nation's fleet of ageing Hornets, a purchase set to cost 15% of the government's annual €55.5bn budget. Saab faces competition from Boeing, Lockheed, the Eurofighter Typhoon and Dassault.
Lockheed Martin is a year ahead of its 2020 goal to reduce the cost of its F-35 fighter jet to $80m, according to campaign manager Mark Pranke. The company is among several vying to secure a €7bn ($7.9bn) to €10bn contract with Finland to replace the nation's fleet of ageing Hornets, a purchase set to cost 15% of the government's annual €55.5bn budget. Lockheed faces competition from Boeing, Saab, the Eurofighter Typhoon and Dassault.