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Wednesday, March 12, 2014

Tony Abbott to approve Australia’s biggest ever military purchase of stealth fighter jets

F-35 Lightning IIThe Abbott Government is set to give the green light to the nation’s biggest ever military purchase allowing Defence to order up to 86 American made stealth fighter jets for the RAAF.

The planes will cost about $90 million each when they roll off the assembly line between 2018 and 2020 and the overall project will cost some $14 billion during the 30-year life of the F-35 Joint Strike Fighter.

It is understood that a submission to buy will be presented to Cabinet’s National Security Committee for approval within weeks.

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