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Tag: Department of National Defence

Canada inks multibillion-dollar deal for F-35 fighter jets. Here’s how much it will cost – National
Global News

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. Read more: Anand pledges ‘ambitious’ military culture reform in report to Parliament Read next: Rising MMA star Victoria ‘The Prodigy’ Lee dies at 18 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...