Canada to consider other planes besides F-35
By ROB GILLIES
Associated Press / December 12, 2012
TORONTO (AP) ó Canada is considering buying fighter jets other than U.S.-made F-35ís because of escalating costs associated with Lockheed Martinís troubled Joint Strike Fighter program, the countryís defense minister said Wednesday.
MacKay said Canada needs to have all viable options on the table to replace the current fleet of 1980s-vintage CF-18s, which the government says will reach the end of their projected service life around 2020.
He reiterated that Canada wants to buy 65 jets for about $9 billion. But escalating costs and delays have dogged the F-35, which is now the most expensive U.S. Department of Defense procurement program ever.
A KPMG report says the lifetime cost of Canada owning 65 F-35ís is estimated at $45.8 billion over 42 years.
Previous December 2012 threads on this overpriced POS: