Saturday, October 24, 2015

Pentagon: Cost Of F-35 Jets Will Rise If Canada Pulls Out

The change of government will likely see Canada pull out of the F-35 joint Strike Fighter Program, driving up costs for other countries. Above, a Canadian airman has his picture taken beside an F-35 Joint Strike Fighter before the start of a news conference in Ottawa in 2010. Reuters/Chris Wattie

DoD Buzz: Canada’s Exit from F-35 Program Will Increase Unit Cost: General

The cost of the F-35 Joint Strike Fighter will increase by about $1 million per plane if Canada follows through with plans withdraw from the multi-nation effort to develop and field a new stealth fighter, the program executive officer told lawmakers on Wednesday.

The move is also likely to spur F-35 partner countries to open talks about who gets Canada’s share of manufacturing parts for the plane and related equipment, Air Force Lt. Gen. Christopher Bogdan told a subcommittee of the House Armed Services Committee.

WNU Editor: Lockheed is shrugging off this possibility .... $6 billion as chump change? Or why Lockheed Martin will shrug as Canada’s new PM eyes dropping F-35 buy (Dallas Morning News).

More News On Reports That The Cost Of F-35 Jets Will Rise If Canada Pulls Out

Bogdan: Canada Pullout Would Drive Up F-35 Cost -- Defense News
Military Says Cost Of F-35 Jets Will Rise If Canada Pulls Out -- Hartford Courant
Will Canada Leave F-35 Joint Strike Fighter Program? Withdrawal Will Increase Jet Costs For Other Countries -- IBTimes
Canada’s pullout from F-35 program will boost costs for other nations by as much as $1M per jet -- National Post
Pentagon expects USD1 million unit price increase if Canada leaves F-35 programme -- IHS Jane's 360

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