Romania set to purchase 32 F-35s from the U.S. for $6.5 billion

Romania is set to purchase 32 latest-generation F-35 fighter planes from U.S. manufacturer Lockheed Martin at a cost of $6.5 billion, according to an announcement by the country’s defense ministry. The decision to acquire these advanced aircraft aligns with Romania’s efforts to bolster its defense capabilities in response to security concerns, notably Russia’s invasion of Ukraine.

Romania, an EU and NATO member, has increased defense spending to 2.5% of its GDP from 2% this year.

The country shares a significant border of 650 kilometers (400 miles) with Ukraine, and the conflict in Ukraine has brought the conflict closer to Romania’s borders as Russia repeatedly attacks Ukrainian ports along the River Danube.

This strategic move to purchase the F-35s is seen as a crucial step to enhance Romania’s defense and security, considering its geographical proximity to the ongoing conflict and the evolving security landscape in the region.

This acquisition complements Romania’s existing defense assets, such as the procurement of 32 second-hand F-16 fighter jets from Norway last year and the acquisition of 17 F-16s from Portugal since 2016. Additionally, Romania has been expanding its defense infrastructure, establishing a regional training hub for F-16 pilots, furthering its collaboration with NATO and allies, including Ukraine.

The purchase of the F-35s is part of a comprehensive deal, including logistics, training services, flight simulators, ammunition, and an option for Romania to buy an additional 16 F-35s in the future. While the initial agreement was approved by Romania’s supreme defense council (CSAT) in April, final contracts are expected to be signed next year, with the first planes anticipated for delivery after 2030, according to Defense Minister Angel Tilvar.

QUATRO Strategies International Inc. is the leading business insights and corporate strategy company based in Toronto, Ontario. Through our unique services, we counsel our clients on their key strategic issues, leveraging our deep industry expertise and using analytical rigor to help them make informed decisions to establish a competitive edge in the marketplace.

Make strategic decisions with confidence!

Learn how we can support you in setting the right strategy in a fragmenting global economy.

Interested in learning more?

Sign up for Top Insights Today

Top Insights Today delivers the latest insights straight to your inbox.

You will get daily industry insights on

Oil & Gas, Rare Earths & Commodities, Mining & Metals, EVs & Battery Technology, ESG & Renewable Energy, AI & Semiconductors, Aerospace & Defense, Sanctions & Regulation, Business & Politics.

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Germany’s new hydrogen import strategy targets sustainable energy future

Germany has adopted a strategy to import hydrogen, aiming to secure a sustainable energy supply and facilitate the transition to a lower carbon economy. This strategy includes plans for importing hydrogen produced through the electrolysis of water using renewable electricity, known as green hydrogen, as well as…

COSCO and MSC turn Peru’s coast into a new Pacific battleground

Peru’s Pacific gateway is being rewired in real time. After China’s COSCO opened its $1.3 billion deep-water port at Chancay, personally inaugurated by Xi Jinping, global carriers are racing to compress the China-Peru sea lane from a six-week milk run to a three-week express.

COSCO launched a weekly direct Chancay-Shanghai service; now MSC, the world’s largest container line, is countering with a weekly Ningbo-Callao loop using a 14-ship string that hits Peru in roughly 21 days. For decades, most north Asia-to-Peru cargo detoured through larger transshipment hubs like Mexico, Panama, or Colombia, adding time, cost, and damage risk. Direct services erase that detour.

Panama’s business-friendly reputation takes hit by unrest over copper mine

Panama’s reputation as an investor-friendly haven is at risk due to attempts to shut a major Canadian-owned copper mine, which has triggered social unrest in the country. After facing intense popular protests and an explosion of public anger that paralyzed the country…

Stay informed

error: Content is protected !!