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Saturday, January 26, 2013

Canada talking to 5 manufacturers about new fighter jets

CF-18 Hornet |Canada is reaching out to five aircraft manufacturers to replace the country's aging fleet of CF-18 jets, renewing an effort that has been drawn-out and troubled.

Canada announced in 2010 it would give a single source contract to Lockheed-Martin Corp for 65 F-35 jets but later reversed course as cost estimates soared.

Ottawa has set aside C$9 billion ($8.9 billion) to buy the new jets.

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