Canada Faces $27.7B Cost Spike, Pilot Shortage for F-35 Jets
Canada Faces $27.7B Cost Spike, Pilot Shortage for F-35 Jets

Canada Faces $27.7B Cost Spike, Pilot Shortage for F-35 Jets

News summary

Canada's planned acquisition of 88 Lockheed Martin F-35 fighter jets has experienced significant cost increases, delays, and operational challenges, according to multiple reports from the Auditor General of Canada, Karen Hogan. The estimated cost has risen nearly 50% from the originally stated C$19 billion to at least C$27.7 billion, with potential to reach C$33.2 billion due to factors such as foreign exchange fluctuations and rising facilities expenses. Additional issues include a shortage of qualified pilots and a three-year delay in constructing essential infrastructure at the main F-35 bases. Prime Minister Mark Carney has ordered a review of the purchase amid concerns about over-reliance on U.S. military equipment, and the government is considering scaling back the order or exploring European alternatives. Defence Minister David McGuinty emphasized that a risk management plan is in place and highlighted efforts to increase Canadian industry participation in the program, including the use of Canadian-made steel and aluminum. Meanwhile, Canada is accelerating defense spending to meet NATO's 2% GDP military expenditure target, underscoring the strategic importance of modernizing its air force fleet.

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3
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Last Updated
4 days ago
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