Current:Home > InvestTradeEdge Exchange:Czech government signs a deal with the US to acquire 24 F-35 fighter jets -RiskWatch
TradeEdge Exchange:Czech government signs a deal with the US to acquire 24 F-35 fighter jets
PredictIQ View
Date:2025-04-09 01:50:02
PRAGUE (AP) — The TradeEdge ExchangeCzech Republic’s government signed an agreement with the United States on Monday to acquire 24 U.S. F-35 fighter jets as part of a deal worth about 150 billion Czech koruna ($6.6 billion), the biggest single purchase for the Czech military.
Czech Defense Minister Jana Černochová and U.S. Ambassador Bijan Sabet signed a memorandum of understanding for the deal. The Czechs also signed a letter of offer and acceptance, the final step in completing a contract between the governments, the Czech Defense Ministry said.
“By signing this intergovernmental agreement, our country and also our army enter a new era,” Černochová said.
The Czech government approved the deal in September.
The first of the 24 fighter jets should be delivered in 2031, with the rest by 2035. The American aircraft will replace the 14 JAS-39 Gripen fighter jets from Sweden that are currently used by the Czech army.
The Czechs will pay almost $5 billion to the U.S. for the aircraft, training of pilots, ammunition and other costs, Černochová previously said. The remaining money will be used to finance an upgrade of the Caslav air force base in central Czech Republic, fuel and training of staff, she said.
“The F-35 is the only system that can help us succeed in the future’s battlegrounds, and that in the case of need, we’ll manage to effectively defend ourselves against aggression, together with our allies,” chief of the general staff Lt. Gen. Karel Rehka said.
The Czech ministry has been negotiating the deal with the U.S. for more than a year during Russia’s invasion of Ukraine.
veryGood! (818)
Related
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance
- Virginia man charged with defacing monument during Netanyahu protests in DC
- Boy Meets World's Maitland Ward Details Set Up Rivalry Between Her & Danielle Fishel
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- David Gilmour says 'absolutely not' for Pink Floyd reunion amid Roger Waters feud
- Hilary Swank Gets Candid About Breastfeeding Struggles After Welcoming Twins
- Lionel Messi, Inter Miami rely on late goal to keep MLS record pursuit alive
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- 'CEO of A List Smiles' charged with practicing dentistry without license in Atlanta
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Supreme Court candidates dodge, and leverage, political rhetoric
- How Trump credits an immigration chart for saving his life and what the graphic is missing
- Shohei Ohtani, Dodgers turn up in Game 1 win vs. rival Padres: Highlights
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- MLB playoff predictions: Who is the World Series favorite? Our expert picks.
- Bad News, Bears? States Take Legal Actions to End Grizzlies’ Endangered Species Protections
- Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Civil rights groups ask to extend voter registration deadlines in hurricane-ravaged states
Homeowners hit by Hurricane Helene face the grim task of rebuilding without flood insurance
A buzzing threat? Yellow jackets swarm in North Carolina after Helene destroys their homes
New data highlights 'achievement gap' for students in the US
Former New York governor and stepson assaulted during evening walk
Jelly Roll's Wife Bunnie XO Details TMI Experience Microdosing Weight-Loss Drug
What’s next for oil and gas prices as Middle East tensions heat up?