Estimated cost to replace CF-18 fleet by 2020 is $10.5B
Canada and the U.S. are in negotiations that could eventually lead to the multibillion-dollar purchase of the latest stealthy fighter the American arsenal has produced.
Canada and the seven other nations involved in the talks will likely be in a position to tell the Americans by the summer details on how many of the high-tech Joint Strike Fighters they will need and by when, an official with Lockheed Martin, the plane's manufacturer, said Thursday.
Canadian Defence Department and Lockheed officials stress that no commitment has yet been made to purchase the Joint Strike Fighter, also known as the F-35. But several years ago, the Canadian government invested $150 million US into the aircraft program, one of the first nations to do so.
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