The report said the authorities reached a deal to buy a hundred used Leopard battle tanks at a cost of about €200m.
The Leopard 2A6 tanks are reported to be in good condition.
Finnish parliament gave go ahead to the tank purchase deal considering the benefits and cost-effectiveness.
Minister of Defence Carl Haglund, however, said the matter was still in progress. According to MTV reports, the deal is likely to be sealed in the next month.