World

December 14, 2012

Canada to consider other planes besides F-35

Canada is considering buying fighter jets other than U.S.-made F-35′s because of escalating costs associated with Lockheed Martin’s troubled Joint Strike Fighter program, the country’s defense minister said Wednesday.

Defense Minister Peter MacKay said the government needs to ensure a balance between military and taxpayer interests.

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-35′s is estimated at $45.8 billion over 42 years.

MacKay had previously said it would buy the F-35, but the government never signed a binding contract. The government has since come under pressure because of ballooning costs and because other bids were not considered. An independent panel will consider a new range of options.

The government acknowledged Dec. 12 it could still buy the F-35. Other planes that could be considered include Boeing’s Super Hornet or the European consortium made Eurofighter Typhoon jet.

Japan has said it may cancel its plans to buy dozens of the F-35s and Australia has said that to cut costs it is pushing back delivery of most of the F-35 Joint Strike Fighters. The Netherlands has also said it will trim its order.

The next-generation fighter is set to become the centerpiece of U.S. and allied air forces. Canada is a funding partner in developing the Joint Strike Fighter. Most of the funding comes from the United States, while Australia, Turkey, Britain, Italy, Norway, Denmark and the Netherlands are also funding partners.

 




All of this week's top headlines to your email every Friday.


 
 

 

Headlines October 24, 2014

News: U.S., South Korea delay transfer of wartime control - The U.S. and South Korea have delayed transferring wartime operational control of allied forces by taking on a “conditions-based approach” and scrapping the previously set deadline of 2015.   Business: Exclusive: Lockheed, Pentagon reach $4 billion deal for more F-35 jets - Lockheed Martin and U.S. defense...
 
 

News Briefs October 24, 2014

French moving troops toward Libyan border A top French military official says the country is moving troops toward the Libyan border within weeks and, along with U.S. intelligence, is monitoring al Qaeda arms shipments to Africa’s Sahel region. A French base will go up within weeks in a desert outpost just a hundred kilometers (60...
 
 
Navy photograph

Navy to commission submarine North Dakota

Navy photograph The PCU North Dakota (SSN 784) during bravo sea trials. The crew performed exceptionally well on both alpha and bravo sea trials. The submarine North Dakota is the 11th ship of the Virginia class, the first U.S....
 

 

Boeing announces SF Airlines order for Boeing converted freighters

Boeing announced Oct. 23 that SF Airlines has placed an order for an undisclosed number of 767-300ER passenger-to-freighter conversions (Boeing Converted Freighters). SF Airlines, a subsidiary of Shenzhen, China-based delivery services company SF Express, will accept its first redelivered 767 in the second half of 2015. “SF Express aims to become China’s most respected and...
 
 
LM-C130

Another Super Herc Little Rock Rollin’

  Lockheed Martin delivered another C-130J Super Hercules to the 61st Airlift Squadron at Little Rock Air Force Base, Ark., Oct. 23. Little Rock AFB’s new C-130J was ferried from the Lockheed Martin Aeronautics facility ...
 
 

United Technologies beats third quarter profit expectations

United Technologies Corp. Oct. 23 reported third-quarter profit of $1.85 billion as sales increased across all its businesses and the aerospace giant reported favorable tax settlements. The Hartford, Conn.,-based company said it had profit of $2.04 per share and earnings, adjusted for non-recurring gains, came to $1.82 per share. The results topped Wall Street expectations,...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>