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Czech Government Approves Buy and Financing Plan for 24 F-35s

Frank Wolfe Frank Wolfe
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Czech Government Approves Buy and Financing Plan for 24 F-35s
Czech Minister of Defense Minister of Defense Jana Černochová (left), Czech Prime Minister Petr Fiala, and Czech Lt. Gen. Karel Řehka speak on the F-35A on Sept. 27 (Czech Ministry of Defense)

The Czech government has given its final approval to the buy of 24 Lockheed Martin [LMT] F-35As, the country's Ministry of Defense said on Sept. 27. "The financing of the F-35 is being prepared as comprehensive, so it includes everything that is necessary...to fully operate the F-35, carry out maintenance, repairs, prepare the infrastructure and buy the necessary amount of ammunition," the ministry said. "No additional costs will be added...The acquisition process will take place over 11 years within the…

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