US Edition
Lockheed’s F-35 jets to cost Canada 50% more than planned, Auditor General says
- In December 2022, the federal government completed an agreement to acquire 88 F-35 Lightning aircraft from Lockheed Martin for use by Canada’s air force.
- The original $19-billion cost estimate has risen by nearly 50% to $27.7 billion by 2024 due to inflation, pandemic effects, and volatile currency rates.
- Delays in constructing facilities at Cold Lake and Bagotville exceed three years, and Canada faces a shortage of qualified pilots for the advanced jets.
- The updated cost of $27 billion excludes an additional $5.5 billion needed for infrastructure upgrades and advanced weapons to support the new fleet.
- These challenges risk delaying the replacement of aging CF-18s, which must be phased out between 2025 and 2032 to maintain Canada’s defence commitments.
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Durham Radio News
Durham Radio NewsAuditor general finds F-35 costs soared due to project delays, pilot shortages
OTTAWA — The estimated cost of Canada’s incoming fleet of advanced stealth fighters exploded by nearly 50 per cent in just a few years, auditor general Karen Hogan said Tuesday.
Bradford Today+2 Reposted by 2 other sources
Five things you need to know about the auditor general and environment audits
OTTAWA — Canada's auditor general and environment commissioner both released reports Tuesday covering everything from the soaring cost of fighter jets to the federal government's plans for climate change adaptation.
·Bradford West Gwillimbury, Canada
Read Full ArticleThe cost of 88 F-35A to the United States has increased by 50% since 2022, reports the Office of the Auditor General.
·Montreal, Canada
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Total News Sources47
Leaning Left16Leaning Right6Center6Last UpdatedBias Distribution57% Left
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- 57% of the sources lean Left
57% Left
L 57%
C 21%
R 21%
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