Canada inks multibillion-dollar deal for F-35 fighter jets. Here’s how much it will cost – National
Canada has finalized a long-awaited deal to replace its aging fleet of CF-18 fighter jets with 88 of Lockheed Martin’s F-35 fighters set to begin arriving in the coming years, Defence Minister Anita Anand announced on Monday.
While the project budget is $19 billion, officials said in a technical briefing Monday morning that the cost estimate for the lifecycle of these fighter jets is expected to land around $70 billion.
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The first aircraft are set to be delivered in 2026, officials said, and the full fleet is expected to reach operational capability between 2032 and 2034.“The F-35 adv...