Canada To Review $14.2B F-35 Deal With The U.S.; Audit Report Warns Of ‘Skyrocketing Costs’ Of Stealth Jet | News World

Months after Canadian Prime Minister Mark Carney announced a reevaluation of the F-35 purchase amid growing hostility with the United States, a new audit report has warned of ‘skyrocketing’ costs, which could further complicate the acquisition of 88 F-35A Lightning II stealth fighters.

In January 2023, the Canadian government inked a CAD19 billion (US$14.2 billion) deal with Lockheed Martin to acquire 88 F-35 fighter jets in four tranches by 2032. The agreement was signed to replace the aging CF-18 fighter fleet of the Royal Canadian Air Force (RCAF).

However, Prime Minister Mark Carney announced earlier this year that he would review the purchase of the F-35 (beyond the 16 that have been paid for), as US President Donald Trump imposed…more

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