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IMMEDIATE RELEASE

Release No: 070-00
February 16, 2000

POSSIBLE FOREIGN MILITARY SALE TO FINLAND ANNOUNCED

The Government of Finland has requested a possible sale of 242 Javelin anti-tank missile systems (consisting of 242 Javelin command launch units, 3,190 Javelin missile rounds, and 60 lot acceptance missiles), simulators, support equipment, spare and repair parts, publications and technical data, personnel training and equipment, U.S. Government and contractor engineering and logistics personnel services, a Quality Assurance Team, and other related elements of logistics support. The estimated cost is $ 245 million.

This proposed sale will contribute to the foreign policy and national security of the United States by helping to improve the security of a friendly country which has been and continues to be an important force for political stability and economic progress on the European continent.

Finland will use these Javelin anti-tank missile systems to enhance their anti-tank ground forces and to increase interoperability with U.S. forces. Finland will have no difficulty absorbing these systems into its armed forces.

The proposed sale of this equipment and support will not affect the basic military balance in the region.

The prime contractor will be Javelin Joint Venture (Raytheon and Lockheed Martin), Orlando, Fla. One or more proposed offset agreements might be related to this proposed sale.

Implementation of this proposed sale will require the assignment of a U.S. Government Quality Assurance Team to Finland for two weeks to assist in the delivery and deployment of the missiles. Two contractor representatives will be required in-country for two years to perform maintenance services.

There will be no adverse impact on U.S. defense readiness as a result of this proposed sale.

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