The Biden administration on Monday announced it has approved a possible sale of missiles and weapons to Finland worth an estimated $323.3 million.
It comes after Finland and Sweden sought to join NATO earlier this year following Russia’s invasion of Ukraine that sparked ongoing war in the region.
“The proposed sale will improve Finland’s air-to-air and air-to-surface weapons capabilities and will positively impact US relations with countries in the Nordic region,” according to the notice. “Finland intends to use these defense articles and services for its fighter aircraft fleet.”
The proposed sale will also support U.S. foreign policy and national security “by improving the security of a trusted partner, which is an important force for political stability and economic progress in Europe,” the notice reads.
“It is vital to the U.S. national interest to assist Finland in developing and maintaining a strong and ready self-defense capability.”
Altogether, the sale comprises 40 tactical missiles, 48 Joint Standoff Weapons, a slew of additional equipment, as well as training and technical support.
The DSCA, which operates as part of the Defense Department, has delivered the required certification notifying Congress of the possible sale. Lawmakers will need to approve the sale, which is likely to be a formality.
The proposed sale will not have any adverse impacts on U.S. defense readiness, according to the notice.
The main contractors will be Raytheon Missiles and Defense, based in Tucson, Arizona. The potential sale has no known proposed offset agreements.
Not Members of NATO
Finland borders Russia to its east, while Sweden is on its western side. The two countries are two of six European Union member states that are not NATO members.The United States this year has approved millions of dollars worth of weapons sales to European countries in efforts to boost NATO defense against Russia.
In early November, Norway signed a sale with the United States worth $500 million to have missiles mounted on F-35 fighter jets. The missiles are intended to serve as the main weapon to defend Norway’s airspace over the next several decades.