#GlobalNews: “Canada provides one other $54M to F-35 fighter jet undertaking, bringing price to $500M over 2 many years – National ” #Toronto #Montreal #Calgary #Ottawa #Canada


Canada has quietly paid one other $54 million towards the event of the F-35 stealth fighter jets, bringing its complete funding within the controversial undertaking to roughly half a billion {dollars} over the past 20 years.

The authorities is consulting with fighter-jet builders, together with U.S. aerospace large Boeing, earlier than launching a proper competitors early subsequent 12 months to resolve on a alternative for the air pressure’s getting older CF-18s.

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Boeing stays on the fence about whether or not its Super Hornet will take part within the competitors due to enduring questions on how the federal government will run it.

One concern is a brand new provision the federal government introduced final 12 months that goals to make it tougher for corporations which are deemed to be hurting the Canadian economic system to win defence contracts.

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The measure was introduced on the top of Boeing’s bitter dispute with Canadian rival Bombardier, which has since been tossed out by a U.S. commerce tribunal.

Boeing says it made its level with the problem, and continues to work with the federal government close to different army contracts, however desires to see how the fighter-jet competitors will likely be run earlier than deciding whether or not to hitch.

Note: “Previously Published on: 2018-05-30 17:24:48, as ‘Canada provides one other $54M to F-35 fighter jet undertaking, bringing price to $500M over 2 many years – National

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