Finland is currently a particularly interesting market for the Aerospace & Defence industry.
The Finnish Defense Forces are currently engaged in two large strategic procurement projects; the HX Fighter Program and the Squadron 2020 Project. The value of these projects is estimated to reach from 8 to over 11 billion euros. The projects will be financed separately from the budget of the Finnish Defense Forces. Approximately 5 % of the Finnish State budget is allocated to the Finnish Defense Forces.
At the same time, the volume of civil aviation in Finland is expected to grow at a rapid pace. This growth is supported by the successful Asia -strategy implemented by the national airline Finnair.
The development of the Finnish market in Aerospace & Defence is in line with international trends for defence spending and the expected growth of the commercial aircraft sector.
We have vast experience of advising some of the leading global players in the industry on a wide variety of assignments including complicated public procurement projects and substantial dealings with the Finnish Defence Forces.
We have assisted our clients in finding innovative solutions in threatening disputes with Finnish customers as well as succesfully acted as counsel to leading defence technology suppliers.
We have also advised on a number of M&A transactions involving advanced technology and goods for military and dual use.
We serve our Aerospace & Defence clients in all their legal matters based on our integrated full-service D&I Powerhouse model. This ensures our clients access to the best team and the particular specialist expertise required by each individual client in each specific case.