Ottawa set to spend $9-billion on 65 U.S. fighter jets
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Ottawa is moving on a sole-sourced purchase of high-tech U.S. fighter jets to replace its CF-18s despite furious last-minute lobbying by rival manufacturers.
Industry and government sources said the cabinet is expected in coming days to approve the launch of negotiations on price and delivery schedules with Lockheed-Martin, the U.S.-based manufacturer of the Joint Strike Fighter F-35.
The government is moving early on buying 65 new aircraft in a bid to “lock up the price” long before the jets start entering into service in 2017, sources said.
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The Joint Strike Fighter is being developed by Lockheed-Martin, which won a competition to produce the next generation of stealth single-seat aircraft. Canada has invested $160-million so far in the development project, which will cost hundreds of billions of dollars. The U.S. Forces will buy about 2,400 of the F-35s.
The 65 new fighters that the Canadian government plans to buy will replace its current fleet of 80 CF-18s starting in 2017.
Industry and government sources said the cabinet is expected in coming days to approve the launch of negotiations on price and delivery schedules with Lockheed-Martin, the U.S.-based manufacturer of the Joint Strike Fighter F-35.
The government is moving early on buying 65 new aircraft in a bid to “lock up the price” long before the jets start entering into service in 2017, sources said.
...
The Joint Strike Fighter is being developed by Lockheed-Martin, which won a competition to produce the next generation of stealth single-seat aircraft. Canada has invested $160-million so far in the development project, which will cost hundreds of billions of dollars. The U.S. Forces will buy about 2,400 of the F-35s.
The 65 new fighters that the Canadian government plans to buy will replace its current fleet of 80 CF-18s starting in 2017.
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