Canada: Regime finalizes agreement to buy 88 F-35 fighter jets from Lockheed

Source: ABC News

“Canada will spend billions to purchase 88 F-35 fighter jets from Lockheed Martin Corp. in a deal announced Monday that aims to end years of deliberations over its aging fleet and fulfill obligations to defend North America’s air space. The first four aircraft are anticipated to be delivered in 2026 with full operational capacity for the fleet expected between 2032 and 2034. The government has budgeted about $19 billion Canadian (US$15 billion) for the purchase in what is the largest investment in the Royal Canadian Air Force in more than 30 years. Each jet costs about US$85 million. The full life cycle of the program is expected to cost $70 billion (US$52 billion).” (01/09/23)