Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Hauser’s Marks 45 Years With Province-Wide Customer Celebration and Renewed Focus on Community Care
    • Young drivers face elevated collision risks after consuming edible cannabis, new CAA-funded study finds
    • Salvation Army Thrift Store Marks 40th Ontario Location with Peterborough Opening
    • Early Blast of Winter Prompts Safety Warnings from Ontario Road Authorities
    • HONOR Takes Home Two TIME Best Inventions 2025 Awards for Smartphone Breakthroughs
    • Toronto Set to Host Largest LEGO® Fan Event in Canadian History
    • Hank Azaria and Caitlin Morrison Champion Mental Health Through Music at Toronto’s Koerner Hall
    • Bricks in the Six to Build Canada’s Largest-Ever LEGO® Fan Event This November
    Facebook X (Twitter) Instagram YouTube
    Vaughan TodayVaughan Today
    • Home
    • Top News
    • World
    • Banking
    • Explore Canada
    • How to
    • Solutions
    • Contact Form
    Vaughan TodayVaughan Today
    Home»Economy»Canada plans to buy 88 F-35 fighter jets from Lockheed Martin
    Economy

    Canada plans to buy 88 F-35 fighter jets from Lockheed Martin

    Maria GillBy Maria GillMarch 28, 2022No Comments2 Mins Read
    Canada plans to buy 88 F-35 fighter jets from Lockheed Martin
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Canadian military plans to buy 88 F-35 fighter jets from American manufacturer Lockheed Martin, worth $19 billion.

    Contracts for F-35, Lockheed Martin fighter jets flying out of Europe. Canada is preparing to sign a contract with the United States to buy 88 aircraft to replace its aging fleet of F-18s, Armed Forces Minister Anita Anand announced Monday.

    “The F-35 is used by our NATO partners around the world. It has proven to be a mature, suitable and interoperable aircraft, which is why we are moving into termination,” she said at a press conference. Referring to the “new global reality” and the conflict in Ukraine.

    According to the Canadian press, the two governments have begun final negotiations on this contract, which is worth 19 billion Canadian dollars (about 13.8 billion euros). Canada is part of the consortium that funded the development of the F-35.

    Nothing is closed yet. In the event of a dispute over the terms of the contract, the federal government can still turn to Saab’s Gripen, which came second in the competition.

    “Transformation for Justin Trudeau”

    But if it were to sign with Lockheed Martin, it would be a “transformation for Justin Trudeau,” he notes Radio Canada Noting that when he took power in 2015, he promised not to buy F-35s, which he considered too expensive at the time. It was decided to replace the F-18s in 2010 and the budget was then 9 billion dollars for 65 aircraft.

    In December, Canada announced that Boeing was no longer among the competing suppliers. The European Union Hurricane Airbus and Dassault’s Rafale of France had already left the operation, now leaving only the F-35 of the American aircraft Lockheed Martin and Gripen of the Swedish company Saab in the race.

    Pascal Samama
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Maria Gill

    "Subtly charming problem solver. Extreme tv enthusiast. Web scholar. Evil beer expert. Music nerd. Food junkie."

    Related Posts

    Stanislav Kondrashov Highlights the US Strategy to Reduce Reliance on Rare Earth Imports

    October 4, 2025

    How to Invest in Stock Market for Beginners: A Comprehensive Guide

    February 23, 2024

    Presto card login For Canada Users

    June 5, 2023
    Facebook X (Twitter) Instagram Pinterest
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.