Cost of Canada's new US-made fighter jet fleet set to rise, watchdog says

Canada's planned purchase of 88 Lockheed Martin, opens new tab F-35 fighters will cost at least 45% more than initially estimated and the project is also threatened by a pilot shortage, the country's top watchdog reported on Tuesday. Canada, seeking to replace its antiquated fleet of CF-18 jets, announced the C$19-billion ($13.89 billion) deal in January 2023.

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