facebook
twitter
search
search

Canadian govt. braces for F-35 report

March 21, 2012 at 4:09 PM
| License Photo

MONTREAL, March 21 (UPI) -- Canada's government is nervously awaiting an Auditor General's report, which is expected to be highly critical of the F-35 fighter jet procurement program.

Some commentators have said that in the aftermath of the report, the government may retreat into a "wait and see" attitude on the project, gauging further developments both in the United States and abroad before making a final decision on purchasing the aircraft.

That process could take up to a year.

Cost overruns and technical delays have contributed to rising concern with the $382 billion Lockheed Martin F-35 Lightning II Joint Strike Fighter program.

The General Accounting Office estimates the cost of the F-35 at $137 million-$162 million apiece, far more than the $75 million price tag long maintained by the Canadian government.

Given the program's mounting problems, defense industry insiders in Ottawa expect the F-35 acquisition program will be replaced by an international competition for replacement fighter aircraft, The Montreal Gazette reported.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
North Dakota refinery completed
Optimism wins; crude oil recovers
SCOTUS says no to Gulf of Mexico spill appeals
China starts work on Russian gas pipeline
Eni reaches LNG deal in Indonesia